I’m writing a quick follow up.  You can read the first writeup here and first follow up here. Let’s revisit the ABC Wave Patterns I shared in the first writeup. Let’s see the latest chart (2 year chart) below If you notice, from the bottom in 2014, the price movement has exhibited 5 waves movement.  If you understand Elliot Wave theory, you most likely know what it means. The recent high, $0.193 has reached the C.max target (black line) calculated back in Early January 2015.  Did I sell that high?  Nope.  I sold mine average around $0.16, and it’s a about 60% return on my capital put in this stock.  I’m happy with it. FSL has announce its good news.  See the copy of the news from Business Time (14 May 2015) below. My best guess is that people had bought in anticipation or expectation, then ......