Zeev, the question of the day for me is, will this be a 2-phase GN-03 that accompanies 1111 which by all standards would be a defined as a sucessful retest...or do you still anticipate a 3rd-phase? As I noted yesterday, my preference was 1250ish as leg-1 and leg-2 to be either 1200 or a closer retest of 1108 (somewhere within 5%) to be the final shake, with no 3rd leg to fall upon...which would favor a waterfall to the lows (probably your 1111) as a cleansing of any hope that's baked into the market currently.
What is the new timeline for the end of phase-II, and phase-III if it's still on? TIA