US Government patent dated 17th of April? Is this new?, page-6

As I said, 61.8% fib golden retracement ratio is around 32. Actually 31.5 on the nose. This is correction of the rally from 14-60 (46) which took ~19 weeks. Appears today to be a selling climax low at 32 with good volume. (THIS ALSO LEAVES BREAKAWAY GAP OPEN & IS VERY BULLISH) So mug punters seem to have nailed the low & clever buyers kept coming back for more hardly believing their luck. Also from a time retracement level, appears to be ~23.6% (61.8% of 38.2%) & so likely we start to move slowly higher & then on various news items burst higher. Minimum extension is 1.618x 46, so rally of 74 onto 32, so minimum first target 96, but most likely 2.618x 46, being 120 rally to $1.52, or 4.85x 46, so 223 onto 32, so target $2.55 as a wave 3 high. Then wave 4 Elliott wave retracement before final new high in wave 5. Afterwhich comes a big correction etc & the process starts again.