New target $70. Wave 3 probably extending - though you would usually expect an extension in wave 5 in a commodity... then again it's a bullish scenario - not a 5th wave panic.
Solar stocks will probably catch on again in the future so this is one possible scenario... a VERY BULLISH scenario! Throw $10 grand in FSLR at $5 / share, and take early retirement in comfort at your lake house 15 years later =c) ...of course make sure to reinvest at wave (IV) for another 10 fold increase!!!
The "X" wave may have ended at Primary Wave "C" (far left of chart)... or perhaps we're still in it. I'd say LULU may be completing a "Y" wave in a combination bringing us to Supercycle (IV).
then DOWN! Short after FOMC rally!!! Make sure to go LONG at the end of Wave 2 though ;c)
Get seriously long some overvalued bubble tech stocks when Supercycle (IV) target is hit!
2240'ish could be the peak before Supercycle Wave 4 begins followed by the FINAL LONG OPPORTUNITY FOR A LOOONG TIME!!! KEEP YOUR POWDER DRY!!!
Same ending diagonal scenario, but zoomed out to a monthly chart.
Should continue sideways for a bit before resuming the final wave of this correction.