NAV: New ticker as analyses was requested by a member. Monthly chart shows a mess going down into its recent low. The horizontal lines show support and resistance with massive S/R at the rectangle box. Price is now within the S/R zones: noise. But, if we zoom into the weekly chart we can see a possible impulse starting to develop.
The weekly chart shows a nice 1, 2, i, ii, iii, iv, 3, 4 count with wave 5 now underway. It’s possible 5 already peaked last week with the marginal higher high, but ideally we’d like to see it target $37 at the most (5=1). If we get anywhere between now and there, it be a great impulse up and the upcoming retrace should then be bought.