When I say I think its cooked for now based on chart TA, not on FA.
The Chart tells me the wave count, and daily candle up count is extended as far as could be expected.
If we got to 3.20c today, I still would have considered it cooked due to up breaking candle count 4.
It seems on wave 5 fizzing out and also a head of a H&S ready to dip and then build the right shoulder.
Then A
Not many stocks follow basic Gann theory, but sometimes a thinly traded stock can follow Gann theory to a T.
BHP can also follow Gann theory pretty closely, most other stocks dont have predictable patterns.
All Im saying is that it waddles like a duck, quacks like a duck , looks like a duck.
But mabe its not a Duck, we will find out soon enough if Im wrong.
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