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What is the next move for FTM?

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From my analysis, FTM has completed the retracement movement on a 4hr time chart. It is about to complete the Elliott first wave. After that a pull back might likely take it to $2.6 before we see a retest of the previous all time high. Pals, what is your opinion on FTM movement? Do you think it will hit all time high pretty soon? Feel free to share your insights with technical and fundamental depth.
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Wave 1 completed. Wave 2 is playing out. Don't miss wave 3—New ATH loading.

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