SOS Get Out Immediately!!
Updated
Just as many other symbols are going up and completing blow off tops with evening stars, here is another one. SOS has went up about 400% within 4 day with a major gap and gap down to end the move with an evening star. The target is about $4.50, which is the 1.618 fib extension level of the first leg down and also the structure area of the break out. The move should be quick and swift.
Note
It's hard to see the exact subwaves in an instrument like SOS, however based on my analysis $5.50 may very well be the bottom as it meets the minimum requirements. The next few sessions will confirm.Trade closed: target reached
Target reached. I guess we all thought I was wrong including myself.
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