Prices seems to have topped with the 5th wave peaked out.
Stochastics showing a bearish divergence to price.
Prices traced out a 5 wave elliot.
Looking for retracement to at least 38.2% Fibo at around $6.00
If really bearish maybe to $5.65.
This blog is a journal of charts on ASX stocks in various point in time. You might find charts on Major forex pairs,Nasdaq and SGX stocks as well.It reflects the author personal view. Its neither advisory or invitation to trade. All done in the interest and passion for the market, trading, technical analysis and elliot wave. And to exchange view, opinions with traders worldwide. .
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