AdEx Update: Target $4.20 or HIGHER!

SUMMARY

I used the chart submitted in the comments by Hive account@geon and have labeled the analysis. All analysis markings are mine. The below chart is quite very pretty. Let me take you through from the top to bottom. The black horizontal lines reflect the time it has taken. The five impulse waves and the correction fit very well into the "Hurry Up & Wait" scenario. Look how long the correction is taking compared to the impulse wave time.

The double rounded bottoms are bullish! These are consolidation phases that allow bulls to build up their mojo for the next push up. The second rounded bottom has morphed into a Cup & Handle pattern....a beaut! My target is $4.20 or MUCH HIGHER!!

Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?

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Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**