This is based on purely charting and has nothing to do with fundamentals. The charts are showing signs of forming the next bottom in a Fibonacci circle pattern. Simply following the patterns in the charting, I probed out where it appears to fit and we end up around $165 sometime middle to end of next week. It would complete all 5 phases of the Elliott Wave and fits snuggly in with the Fibonacci circles drawn (along with the actual fib circles from previous highs and lows). We'll see what happens!
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