Short term we will most likely see LTC hit around $58 to $59 and finish the last wave of this run up from the $41's. I believe we will then see a correction back down to the $47's before a move back to the $70's
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We are almost done with this run, could correct very soon.
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I believe the correction has started, we could see a potential drop to $47's before any other big moves up
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So LTC surprised us with an extended wave 5, which should of been a surprise considering wave 1 and wave 3 were about the same size, which should of been a sign of the extended wave 5. Never the less we should still see a correction, maybe not down to the 48S like I thought it was going to be, but still around .618 of the entire 5 waves. Should bring us back down to around $51.