I see this move from $2.10 to $2.70 as an impulsive wave 1. The red bars mark areas where wave 3 could end and begin a corrective wave 4, before finally having a final rally in wave 5, which I do not believe will be any higher than about $5.40.Let's ee how this plays out.
Kommentera:
Whoops, forgot to add a bar at a 100% extension at $3.33 as another potential reversal zone. I will set alerts at each of these areas and watch price action and RSI closely to pinpoint exactly where the retracement will occur.