Hi Proctologic (the name is too funny!) I too am bullish on EXCL with atarget of $6.50!!
Here is my addition of the Elliott Waves to your shorter time frame chart. I think a little more correction down and then the rise should resume. Note how waves i,ii,iii,iv,v is a very nice impulse. In EW, five waves are always followed by an a,b,c three wave correction. Once the correction is complete, the primary trend resumes. I take requests for in depth analysis and if I can help augment your due diligence, please don't hesitate to ask. Kind Regards, the aim of my blog is to help and do no harm!