Just for fun lol. The possibility of this really happening at EOY is very slim (<5%) IMHO. $100 to $300 peak price is a distinct possibility though and I will consider taking profits ONLY when we are at this price range.
Comment:
So far the channel has held quite nicely since I drew this few days ago. Also just found out that I predicted the bottom of the correction almost perfectly at around 2.65 (probably just beginner's luck lol). I think we should be holding at around 3.1-3.2 at the next 24-48 hours then moving up to around 3.5 on Monday or so.