The Daily chart shows the Motive wave currently in the 4th wave of the Elliot Wave theory. I believe we bounced off the 50% retracement on the fib and may come down one more time to the 38.2 fib before beginning the 5th wave up. Looking at the Fib extension we can see the the 5th wave could continue to the $76K range before going into the correction wave to finish...
