Possible head and shoulders chart pattern forming here with multiple retests of angled neckline. If so, expect pullback down into multi-year 280/180 channel.
Price appears to be getting wedged by 7 year long support trend-line below and $34.5 resistance above. Anticipating break to the upside in coming months where next resistance appears to be $37. Will likely buy OTM calls if/when we dip into support zone. GLTA!
Looks to me like it retraced 62% over the last couple of years and it's now on the brink of a trend change with 1) a potential bullish monthly MACD crossover and 2) a potential break out above a 2 year falling wedge. This hypothesis assumes $64 is the bottom. $76 looks like the first step followed by $87. GLTA!!
