New highs on this stock need to be watch very carefully if you own this stock as I suspect it can potentially end a large impulse wave (5 wave advance) from the Aug 2015 lows. The prior spike was a thrust from a triangle, at the tiem I fel that it was missing a 4th and 5th wave.



Fast forward and we now have that, a new high is still favored for wave [5], so I would lift your stops to 31.00 as then next all time high could be be a important high and one that you may regret not taking the cash when you had the chance to .

Do you have a stock that you want evaluating? Purchase a consultation call and get an independent review through the lens of Elliott Wave. With the US stock markets vibrating around the previous all time highs, it may be prudent to think about protecting any gains you have.

Click here to purchase a consultation call CLICK HERE

Click here to purchase a Elliott Wave report CLICK HERE

Note: If you are a member,  you can email me or send a tweet for an update if you are thinking about trading this stock.