The main condition for this recovery process to continue in the next couple of days is that the price to stay above 213.41$ without breaking the which is also confirmed by the 20 days Moving Average.
In the current scenario we can also consider the value of 213.41 as a . In other words, if the price will stay above it, we might see a shy continuation of the recovery process towards 234$.
On the other hand, if the price will finally break the 1, then we can consider 196$ as the next target price.
On the long term, the market seems to remain as long as on a 1W chart, the price is still between the 20 days Moving Average and the lower band of and the is still below the Signal line.