TophatPandaMagician

TophatPandaMagician

Going bankrupt is always an option. This is purely a technical view. If it isn't going to zero, it certainly is looking interesting from an Elliott Wave point of view. From 240$ to 6$ is quite the drop. With the proposed count, the last wave 5 could be done or we might be in a last wave 4 before another push down. Here's a count of the last wave, that would be...

TophatPandaMagician Updated 

Corrective part in log for better readability: 106$ - 108$ looks like a good level to watch for a hold: Alternative count of the C-Wave, that would allow for another low:

TophatPandaMagician Updated 

Noteworthy setup for a continuation. For higher timeframes, there's a lot of ways to count this. One way: The last wave doesn't have to play out as an impulse as shown above - could just as well turn into a diag. The same count with a short wave 5 could also be done here: Since the subdivision of the diag looks like 3-wave moves, it could be leading...

TophatPandaMagician Updated 

Short opportunity between .382 and .5 Sl above the .5 Target 53 for now

TophatPandaMagician Updated 

Stock looks like it's finishing wave 1 of wave 3 of a higher degree wave 3, possibly forming and finishing an inverse head and shoulders formation with the start of the third of the third of the third (wave).