Alternate 2 Long term view of FMG
Could be a complex correction of WXY's that make up the major waves ABC.
So we have completed major wave A and B. Now we are in the process of completing wave X which makes major wave C.
If I'm right we have already completed wave W and now on wave X of Major wave C.
This will take us to roughly $5.80 before we come crashing down to below $2 for the completion of C.
From there we can commence the impulse bull run that will eventually take us to about 18....But this is years away.
So we have completed major wave A and B. Now we are in the process of completing wave X which makes major wave C.
If I'm right we have already completed wave W and now on wave X of Major wave C.
This will take us to roughly $5.80 before we come crashing down to below $2 for the completion of C.
From there we can commence the impulse bull run that will eventually take us to about 18....But this is years away.
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