For the first time(after a bear run for >2 yrs) this stock went against it's structure expectation. Technically, this bus might be boarding it's last customers to leave station.
EXPECTATION:
1. A deep HL.
2. strong demand zone that price might have difficulty penetrating should hold between 3.4 and 3.1(if my analysis is right). This should complete wave ii
3. A good rally to come. wave iii
baby steps.
It's not over until I winskype id: karasinga. email:
kkarasinga@gmail.com