The direction is bullish. You can prepare to go Long. This is a one month chart, so the impact is high. RSI indicator gives us a clear idea of what we can expect since we have the RSI line reaching the oversold area which is a sign for a big reversal since this is a one month chart and also because it's reach the lowest end. CCI also confirms the same thing. Take a look at the two resistance lines that i drew. They will give you an idea on when to enter. Normally, you would enter right now, but due to the latest news, the company's stock price might still go down a bit, so just pay attention, if the price of the company will break the support line and go down, then you would go bullish only at the second blue line that i drew. Good luck.