LI small long position

Elliott Wave count I’m following:

White = I’m doing a larger degree ABC count
--> Target upside is $58 longer term

Green = Looks like coming off wave (ii) retrace around $27.73. Green count is within White C.
--> Target upside $40; $50

Light Blue = smaller degree count within green wave (iii). Counting that we put in light blue wave “i” and wave “ii” and we are potentially starting a blue wave "iii". This would align with EW theory that wave 3's are most powerful, indicating the strong move potential to get up and over the red down trend resistance line.
--> Target upside $38 for light blue “iii”; potential $45+ for longer term light blue “v”

I’m just in a small, long call spread weeks out. The yellow dotted line represents potential EW count invalidation for light blue below $29. Below $27.73 could be considered as overall invalidation and price movement creating overall different structure