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PLG fair value back testing.

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AMEX:PLG   PLATINUM GROUP METALS LTD
PLG fair value back testing. In many cases, the technical phenomenon in stock markets is that a stock tests its own fair value back with a symmetric wave sequence. Before another big rise. We can also see this phenomenon in PLG . The fair value of the PLG share is 5.34usd. This level transformed into the wave axis of the next wave motion. Therefore, I assume that a symmetric wave motion with a support level of 4.44usd is built on this axis. Then we turn north from this level again and see a further rise with a target price level of 10.77usd.

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