This was then. The philosophy was that any time this stock moved 10 blocks (about $20), it would retrace at least $10. This had happened 6 times already. You could be early as you do not know if it is going to be 9,10 or 11 blocks so in the worst case you would only net $6 (if you bought 2 blocks too early). As it happens we hit the nail dead on at between $16 and $17. Ergo we now look for it to rise to $26 to $27. Here is where we are;
We are at $22, and would be quite happy with $24, for almost a 50% gain. Nervous people should exit earlier.