While still learning many aspects of theory, I believe that the corrective move could now be complete. In an pattern, Wave C can typically be 123% – 161% of wave AB which looks to fit into the current fibonacci measurements well.
This week's candle is forming a reversal pattern. In the medium term, I think a move into the cloud and a subsequent edge to edge move within the cloud is still possible with a price target around $12.23. This price target is represented by the long, flat top of the kumo cloud which acts like a magnet. The longer the flatness of the Kumo, the more powerful it is as a support or and the more powerful this Kumo magnet becomes.