Just exited a declining wedge reversal to the upside with volume and has retested support. Short term target 2.60. Long term target 4.00.
Stop loss should be placed under previous support/resistance at 1.75.
Great movement from the bottom on 11/26. Wave analysis / Fibs have been lining up perfectly allowing for multiple, predictable swings, so why stop now?
I believe the diag will peak around .41 forming a nice round bottom and have a 23-50% pullback to start forming the handle.
Let's see if it plays out!