The Primary count ( In Blue ) is that the Wave B/2 is still under progression as a and that it should see lower levels of atleast 40$ and can even go down till 32$ to complete the Wave C.
T1 : 40
T2 : 36
T3 : 32
Only if the price gives a small impulsive looking 5 Wave move up and then consolidates then it could be the likely case that the Wave C is actually a Wave 2 and then only we will consider the Secondary Count.
Invalidation Stop : 49 (However we will have to trace the waves to see for a more tighter stop.)
Video course on Elliott Wave : http://50eyes.com/elliott-wave-course/
Students of course get free entry to private group, see live application of Elliott Waves down to 1 min. chart.