With the bearish outlook especially with the corona-virus I don't think this wedge will mature just yet as outlined there are 3 key support areas that may provide enough momentum to break out of the wedge. With that being said, I have a feeling the corona virus will need to play out more so I think a 52ish rang is realistic.
And maybe, just maybe this creates enough momentum to complete a cup and handle. Unlikely though.
Comment:
looks like the small wedge became a channel
