I am fairly confident that GDR entire move from the recent lows was a wave 1/2 so far and we are heading now to the bigger wave3. See my conservative x1,618 extension gives you almost a triple return in a possibly few weeks. Looks already breaking the structure but wait for the previous top confirmation if you want to be sure. Expectations are high, and the mcap is tiny. So hope for no disappointment.
Remember at the 40p level where everything looked doomed and this chart ridiculed targeting at least going to £3? Now people shouting £10. and thats not impossible either. I assume we are still in a large C wave until volumes and PA shows an overextended wave 3. Just being conservative in my targets, at least £3 for now then we will see how it moves!
IMO, DYOR
Remember at the 40p level where everything looked doomed and this chart ridiculed targeting at least going to £3? Now people shouting £10. and thats not impossible either. I assume we are still in a large C wave until volumes and PA shows an overextended wave 3. Just being conservative in my targets, at least £3 for now then we will see how it moves!
IMO, DYOR
