$LI is at a strong confluence level now, the price is just at the 200 Day MA and the 0.78 Fib level at $35.
The 50 and 200 Day MA are also getting very tight here too....implying that a strong move is next.
If the price can get above the 50 Day MA at $36.45, we could see a strong move up to the 1.618 Fib at $45 next for Subwave 3 of Wave 5.