The usual then – Nov.26, 2014 – and now charts;
So we did get under $8 as predicted ( a 40% saving from $14) and now we are there. C is equal to A as a vector and we dropped to the lowest point on the way up. The RSI has been oversold for about two and a half months and the MACD idem ditto. There appear to be 5 waves at every degree and if you are into Japanese candlestick stuff we have a wonderful set of Long Shadows a sure sign of a reversal. As mentioned in the previous blog this is now a buy. That does not mean that it cannot possible go a little lower, but it does mean that if you hold on to it you should do OK.