Tricky chart. I think that has between 25c and 50c in the next rise starting in the next few days, but you'd need to wait for the break because it could fail to take the next one, (like GXY is stubbonly doing intra-day today) will probably top out at 70% RSI - so that is what you'd watch for, I reckon, and then a retrace to 408'ish (maybe a bit lower) then wave 3 begins (maybe) which should be higher,but that down trend isn't clearly broken yet so you'd want to be cautious. Very, very tricky chart at the moment. Looks like the start of a 5 wave cycle, but the previous one was kind of a lame duck, so...Don't know anything about them just based on the chart.
GXY Price at posting:
$3.84 Sentiment: Buy Disclosure: Held
