In my previous post, I targeted $3.38 for the next Fibo stop (4.618 extension from 1st wave of wave 3 of 1 degree larger). Technically, that could mark the end of the 3rd wave, but I think that's unlikely the end. Wave (1) of this 3rd wave took 7 days, and if wave (5) is on the same order, a move to the 6.618 or 8.618 extension looks more likely, giving a price range of $4.80 to $6.22, respectively. That's at least double the current price within roughly the next couple of weeks or so.
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