This is just an idea - Feel like I have a fairly decent count on this would be a long around $11 if I was to play it out we should see it hit the bottom of this bullish flag and hopefully start wave 3 of the major elliot wave :) This is not advice.
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We have formed a symmetrical triangle if we have an ABCDE in there we may see a correction from here - We can still play the breakout if so - Planning for all situations
It's too early to be so sure about the downfall. That's a symmetrical triangle and it can breakout either ways - UP or DOWN. We need more time for any confirmation.
Also, as per Heikin Ashi, i see formation of an ascending triangle, see my analysis below. it just a matter of time before going long or short.
See my analysis here:
Jrdelane
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Not buying it, I think the recent low at 12.05 was the low, and we go up for wave 5 from here.
StoneyStark
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@Jrdelane, Well we hit that target you didn't buy :)