What about the controlled manipulation
of selling/buying, big money manipulation, that took it down in the first place....wont they want to do it again? heres one of the the places to begin, at 4.00-4.30 area.(the other is 3.75-4.00 area) but how high do they want to allow it to reach before they start to lose control of it? we have a "bottom" at 3.33 to begin the math examination. a peak so far at 4.10 ?? the fact it hits 4.10 shows computer trading controlling it.
what switch will the HFT supercomputer flip next? and how far down or how much higher will it go before the next slam down trap door opens.
I have a bid in now for the retrace to 3.65
I can wait for it.
IF the pullback now stays shallow, holding at 3.90/3.85 area, then it looks like a wave 4, sideways, for a day, which can then rally to target 4.20-4.30 area. and from There might come the next slam down. retrace target zone would be 3.90/3.68 area ....and IF that retrace happens, we have a reverse head and shoulders/shoulder support zone there at that 3.65-3.90 area to act as a bullish structure. IF it holds that support zone.
