1st NRG Corp (FNRC)

[slingwing1]

Never went that far back on the chart but you are correct. Even farther back you can see a pattern where it dropped from $5.50 and made a strong comeback to around .94 to $1.10 with periodic spikes to $2+. Then we had a couple of major dips and super nova’s which coincide with your theory. Now that I have looked at the chart as a whole we are in for a ride. What you have to do to make targets is look at the rise and decline on a wave theory and look for the retrace at around the 50% mark. This theory is a solid basis that is used to predict where a stock can and will go. Not saying you can retire but this will make you a sizable return if you can stand the ride. Would recommend a heavy duty G suit for this one.