My guess regarding potential price point probabilities and exit points. I think hitting the 11.1 extension is a stretch on this one, but this a hunch and nothing more. Some of these assets can obviously far surpass targets in a final impulse wave (or even fall far shorter, hitting minimum extension levels), if this is in fact what it appears- a final 5th impulse wave.
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IMO, the most conservative target is in fact the 1.618 extension, which is also ~ the equivalent length of wave 1.
@amazedTuna42056, Thanks for commenting. the 1.618 ($0.37) is my most conservative target and is roughly equivalent to the length of wave 1. It's always possible it won't extend beyond that price point.
Rick_Kane
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I bought Zil back in 2020 and have been accumulating ever since. Ready to take some more profits.