Almost a year ago we called for this stock to top at about  $23, then drop to $5 but pause for a while around $10. $3 too early but in the mean time you would have saved roughly 1/2 of your money. The short term chart has a few ambiguities but nevertheless , looking at the “big picture” , there is once again an opportunity to save about 1/2 your money. See previous blogs.

The call was for around $23+ around Feb.-March. It stayed suspended much longer and even briefly spiked to $26, but we are going down fast and have already hit $15 . This should continue un till we get to $10 where a pause is possible.

Another clear B-wave, but the c part is not quite finished, it may continue to about $24 or so, perhaps even higher to equate to the previous top in 2008.  Put in a stop loss at $18 or preferable higher.