Long

Xela ABC flat completed for wave 2/5/C

Updated
Wave 2 completed at the .618% retracement of wave 1 with a nice bounce off the fib line creating a morning star doji. Expect wave 3 to start next week which is 161.8% extension of wave 1 thus bringing us to a price target of $8.96. Overall the whole C wave can end anywhere from $9.44 to $33.03.

GLTA :)
Chart PatternsElliott WaveTrend Analysis

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