Charts says it all. This is just a possibility. Changes in lower timeframes (weekly on up etc) may change all this. I just finished this and thought I might share.
Points of support found with 50, 100, 200 MA. Phoenix ascending by Wyckoffmode (David). And badass Bbands (bbands with different SD's). AND supportlines of simples previous supports.
Do your own research. NEVER listen blindly to what others say. If you can't understand the data; you. are. gamboling.