After 3 times touching the same zone the chart has faced a resistance which pushed it downwards. After almost 180 days the char regains its energy to break out the resistance line(the black horizontal line) and now is on a pullback, moreover the bullish trendline should be considered as the second major support for the contemporary situation. all in all, all of these technical factors would vanish if the whole market tends to go down so always be cautious and put stop losses for your trades.