123Tom's TA study group

[123tom]

K123,I'm always happy to discuss
charts with you anytime.

I just wrote a good reply and suddenly lost it down the drain. cant start over . I need to study that Monthly chart. great chart. I never get to see Monthly charts since I only have the free stockcharts. We might find some good clues on the Monthly chart now.

At the moment we have the peak price climbing a little higher. Up until today the 'top' was the 3.12 peak. and math measurements to that step were showing targets for a finished Fibonacci measurement around 3.70 area. Another rally wave to measure (1.71 to 2.68. yields a math target at 4.30 area.

But IF the current rally is still ongoing, in the larger fractal pattern, it would be a Major wave that started at 1.25, and lets say it does finish at 4.00, as an example. Thats a move of 2.75. Measuring That distance as a First Wave,from 1.25 to 4.00 would yield a greater Fib target for the completion zone that would look like this in the next major cycle,IF these cycles can be measured with Fibonacci math and become real targets, (as they have been so many times )
The larger Fractal pattern

targets in the larger pattern IF this current rally finishes at 4 dollars and retraces to 3.00 area and rallies big again... 4.88/5.77/6.50 area/8.50 to finish the Fibonacci math target.

IF the current rally finishes at 4.25 ,then that measurement would yield a higher target closer to 9 dollars.