$POL has seen a massive rally from the $0.08101 low. The move higher has completed a 5 wave structure making a high at $0.09677. This 5 wave structure has completed a larger wave 1.
An Elliot wave 2 is now imminent. We need to get a topping structure so that the pullback can start. Assuming the high is in(Which is most likely) watch for a pullback to the golden pocket.
Golden Pocket lies between $0.08889-$0.08703. In this area watch for support and a reversal higher. A break of this support box watch for a pullback to $0.08438 which is the next support.
