The Trend is a Friend...
Another impulse wave up seems due according to Elliot Wave theory. But not before the A-B-C retraction is complete. So I'm expecting a probable rise back to near 20 cents as part of "B" up, from current 15, then back to near 15 in a "C" down, creating a temporary sideways trend before moving on up to new highs as part of a continuation of a larger 5 wave set upwards. While surfing the smaller waves may be fun, let's be careful not to miss the larger runs by being impatient. I have done it but not this time. Next longer range target mid 30's? After Labor Day we shall see...