Either the count as shown is correct , or the actual top occurred in 2008. It does not matter one bit at this point, it should go down given the near perfect wedge. All the talk about this company was within the context of Agrium to which it apparently is a competitor of sorts, at least in nitrogen production. A minimum target on this one is just under $120, so down roughly $100. And that is a minimum! See also previous blog on this stock.