FRGI - 5 bearish Elliott Waves completed; 3 bullish waves coming Long

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⋅ Jun 3, 2016 11:23 AM

FRGI is in a downtrend, so I expect 5 waves down and then 3 waves up.
The 5 bearish waves look completed (1 to 2 zig-zag, 2 to 3 the longest, 3-4 sideways).
I expect a zig-zag A-B-C.
Purchase at (5), sell at (A), purchase at (B) and hold.