Up 4% today and performing well, I can see 5 waves here, as a leading edge diagonal, so it is still possible that we are in an ABC count now since hitting Wave 5 and we are just bouncing for Wave B before going lower to test the Fib levels we spoke about in the last update but lets see how it handles a retest of the previous high where the green line is at $48.30.
Overall is it moving in the right direction and the glaring gap to $56 is certainly clear for the market to see.