so after the "big" drop i thought i would update my chart for the few that look at it. The drop went to the .618 retrace, which would have me thinking we have put in a "2" wave or a "B" wave. If the .21 level is going to hold the 1:1 at 40 cents is the next area of interest to me. a strong rejection from that point would lead me to believe the PA from the .16 cent low is all corrective and we should be looking for a target of .07 cents to complete the abc before heading to new highs. If PA heads up to .52 I will be expecting price to head to .71 and to new ATHs...
Trade safe
Devin.
Trade safe
Devin.