RSI is showing close to oversold, price is just under the .5 FIB (bullish), the stock price doesn't want to drop below it's immediate line of support (where it is now). A break of this level will bring us down to the next line of support and oversold on RSI and in even more bullish territory on the existing FIB.
Comment:
I've been charting ETFs too much - this isn't a stock, duh...