Pure Guesswork

Short term impulsive pattern seen on a 15 minute chart. Base formed on Thursday, then a powerful impulsive move that broke through the 2.618 Fibonacci target on Friday's open. Friday afternoon that level became support. And then this morning we saw a spike high a few pennies south of the 4.236 Fibonacci target. If there is still energy left in this pattern, the next target would be 9.73. If we break the 8.16 (2.618 Fibonacci extension) level on a sell off, then this particular (short term) impulsive move is over.