After the heavy downtrend and a possible sell out - price should now stabilizise & gain some momentum.
so a correction move to about $25 is favoured.
RISK : a restest of the recent lows cannot be ruled out, but the next bigger move is up.
so a correction move to about $25 is favoured.
RISK : a restest of the recent lows cannot be ruled out, but the next bigger move is up.
anytime a push up to $25 possible.
SL $ 17.3 ( for a direct up move )