WB AB=CD pattern, retrace right here or go to 1.618 extension?

Weibo CorporationNASDAQ

Huraian

⋅ 5 Jun 2016 pukul 01.19

1.27 extension now, RSI overbought, facing some resistance.

might still go up to 1.618, that's a level with high possibility to retrace.

⋅ 17 Jul 2016 pukul 23.28

Retrace at 1.618?