I prefer this type of setup to trade, being below average price and after hitting a bigger support which held (green dotted line) we look for signs of reversal, we need to test an area a bit lower where we can then apply our risk managed trade at R204. It can by all means continue further down, but we have a higher probability here of a reversal. Some might see this as an "Inv HNS", I don't look at patterns. Good luck.
I don't like this percent gain vs time on this stock, but see how it goes.