Can Ichimoku Cloud predict tops?

TTMI

Here's another one I've been following and like. The $11.07 line is an PandF breakout and has a preliminary target of 17.50. The number of trading days puts this in a wave 3 area but it is most likely a sub wave up to a larger wave one. Time will tell. Incidentally the weekly Tag line breaks resistance at the same level.







                                                                                                         
I got to wondering a question the other day,If the clouds provide built in Fibs can we use them to predict where a top may occur.One problem is the I-cloud charts were originally developed for daily charts only but they still seem to provide a Price burden. What do you think?

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