the bottom of the bullish channel. OBV slowly diminishing and RSI has some room to find support. Recent bearish MACD xover while in a macro marginally bearish MACD trend. Even though SMA50 (Red MA) has a positive slope, prior signals warrant caution near term.
Let it pull back some. Discounts entries are ok. Be patient. Let others do the hard work first; with their money. So what if it fails support near 114. Risk management is paramount, thus confirm with your rules.