$POL is holding a key area of support between $0.4676 -$0.4358 which is the yellow target area on the charts.

On holding this area watch out for a rally back above $0.50. On loosing this key area of support watch for a breakdown move in the red target area.

The red target area is a minimum pullback target for a larger Elliot wave 2 of a wave I have been observing from the lows we made on the 4th of November.

The red target area lies between $0.5846 -$0.3925. This area can be fully maximized in case we lose micro areas of support.