We have "zoomed" in further and are highly confident Cycle wave 1 has ended for CBI. The stock has met 3 Fibonacci retracement and extension points while creating Cycle wave 1. The stock is set to drop over the next few weeks. Our target is south of 17, most likely around 15. Once this bottom is met, the stock should head to 25 in the next 6-7 months. Full...
Chicago Bridge and Iron makes reading Elliott waves easy. Even though the stock has had a rough time of late, it was a natural movement when wave theory is applied. The stock is set to drop 20% over the next month to month and a half. Once the bottom is found, the stock should gain 66% over the next 6-7 months. More is detailed at limitlesslifeskills.
