On hourly chart, there is clear bullish falling wedge
. Objective entrance when it breaks out of bulling falling wedge
. If it gaps up, maybe take a small position in case it rips, but otherwise add on when it back test the wedge
. Oversold reading on RSI
and divergent low additionally increase odds in favor of bounce here. $31.18 is a solid support. Probably set a stop somewhat below depending on your target.
Have a good trade everyone,