We ended up tagging the 58.2k support on the bottom of the range and have since bounced higher. I think it's likely that price action will continue up until the 66k resistance.
If price can't break above that level, then I think that sets up the potential for one final move down before we see a new high. The levels to look for on the support side would be 54K, 52K on the chart. I'd anticipate this move playing out between the next couple of days and the middle of May.
After that level gets hit, then I'd expect a fairly fast run up into new highs at the 76k-78k range. So I plan on bidding heavily into that support region, should it happen.
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