Potiential for one more move down then it could start climbing to $36+
Wave 1 = 61% fib = $15.62
Wave 2 completed = $9.04
Wave 3 = 161.8 fib = $36
Wave 4 target = 100% fib = $21
Wave 5 = 200% fib = $51 - this is where I will take my profits
Remember, if price actions breaks $9.04 it will invalidate the theory.
Wave 1 = 61% fib = $15.62
Wave 2 completed = $9.04
Wave 3 = 161.8 fib = $36
Wave 4 target = 100% fib = $21
Wave 5 = 200% fib = $51 - this is where I will take my profits
Remember, if price actions breaks $9.04 it will invalidate the theory.