$MARK this week is about getting the chart ready for earnings. We may end up net $0 but that's good too. Wave 3 is starting and the bottom is roughly at $2.15. If my calculation is correct we should be close to $ 4.80( 2.618 fib) by late July. One thing that interests me is adx.. as you may know by now with my posts. It is at extreme levels (5 hour chart) and bottoming in a channel waiting to change trend( I didnt say up since it doesn't always tell the truth). It is also in a megaphone pattern where price can move the adx to the top of the channel. Other indicators like rsi( coiling) and macd( neutral) are indicators which can help too to find direction- IMO up. My point is we are looking at something big -up or down- i believe up so I hold . Also, the monthlong flag is coiling up for a big move. You may be very surprised by it either way I feel. If pr /earnings are very exceptional we go higher to an extreme level based on the adx telling me something is up big time. We will see....
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