It can be many things but so far is looking like a bottom megaphone- and the last point under construction. That being said- still short until around $11.70. It could be the last short move and reverse.
Pattern confirmation: on the third upswing price breaks above the prior high level and fails to fall below the level again.
Pattern confirmation: on the third upswing price breaks above the prior high level and fails to fall below the level again.