Both in the chart and in the RSI we've got a falling wedge which are now both leaning on an old resistance level , so it should be a firm support right now. Also, a critical fibonacci level is reached in the fourth elliot wave (which i haven't drawn down because it would become a messy chart). I'm hoping for a bounce to the .618 fibonacci extension - starting today. If it falls below support, i will close the last 20% of the position that i'm still holding.
(posted again since i forgot to draw the current support level in the chart)
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.