# 4 Price $11.70 --> actual 0.236 $9.56 0.382 $8.24 0.500 $7.17 --> target* - I bought some shares at this price. I believe it could go as low as $6.45.
# 5 Price $7.17 --? Assuming we end up around here, the following are my targets for Wave 5. 0.618 $8.96 1 $11.86 1.618 $16.55 * I'm aiming for this one... 2.62 $24.15
We went below my lowest 4th wave target ($6.45) to about $5.66. I may be wrong, but I believe I see the 1st sub-wave of the 5th wave - I am waiting to see where the base of the 2nd sub-wave forms. The 5th wave targets:
My original targets with $6.45 as the base of the 4th wave were:
My original targets with $6.45 as the base of the 4th wave were:
1 $11.86
1.618 $16.55
2.62 $24.15
With $5.66 (actual) as my base, targets are:
0.618 $11.96
1 $13.80
1.618 $16.77
2.62 $21.60
Averages are tempting...