have a look what do you think? i drew this yesterday before it reached ath and its following perfectly right now.
from investopedia: Theory Interpretation The Elliott Wave Theory is interpreted as follows:
Every action is followed by a reaction. Five waves move in the direction of the main trend followed by three corrective waves (a 5-3 move). A 5-3 move completes a cycle. This 5-3 move then becomes two subdivisions of the next higher 5-3 wave. The underlying 5-3 pattern remains constant, though the time span of each may vary.