After a period of bearish trend
, it has found the bottom around $23 range. After a period of consolidation around $23.50-$25 range, it is on its way back up. The MACD
is looking bullish
. I expect it to rebound to the $27-$28 range to retest the key resistance level
there. If rejected, I expect that to additional downtrend. MACD
at 0.4 is the key.