To put some proper numbers round it ...
Wave 1 was $0.25 to $2.40, so a height of $2.15
The retrace of Wave 2 was bang on target
The height of Wave 3 should be at least 1.618 x Wave 1, so technically the height of Wave 3 should be at least $4 from the bottom of Wave 2
Fundamentals give us at least $3-5, and that was before the last 2 announcements.
My first target is $3 but depending on timing think this could go at $5 around the MRE
VMM - Charts, page-209
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