On the we are quite in a intriguing intersection. On the one hand, we are obviously on a down trend, multiple gaps down, erratic price movements etc. On the other hand, the late action of the stock seems very determined. After a failed break of the $21 level, the price continues to recover in a very persistent manner, it also managed to close the down gap of mid November. Does it say we should be Bullish? not so fast...after a $2 rally, especially on that stock we will probably see some kind of correction, either a time correction (Price going sideways) or a price correction (Price going down). The current behavior of the price action is vital for the outcome of that stock. If we see a price correction up to 21.50, we will drill down to a shorter time frame and look for a descent price to place our buy order. Same thing for a time correction (nothing less than a month, make sure price is sustainable). Stay tuned!