A double bottom followed by a Bullish Gartley with a possible harmonic move of the AX leg. Great chance it will hit .38 retracement at 1.22082 , and even head north to 1.22363 as a possible target 2. Lets see if it will break off resistant at 1.21852
Monday brought a bounce off of the 1.128 extension to form an Harmonic 'Alternate' Bat Pattern. I would look to get long the stock at the Monday close price with stop loss tightly below the lows of Monday with profit target just in front of the next resistance level. We also have a stochastic cross along with bullish momentum divergence on the mac-d histogram....
See update ⊜ at bottom after reading the description. When binned over 1-week intervals, we easily see the RSI (Relative Strength Index) fall dramatically, indeed nearly vertically, at the burst of each 'bubble', as expected when viewed in this way. I suggest that one should make a note of the first significant recovery segment after these drops —as indicated by...
Broke out of triangle, retested it, bounced off. This confirms that the triangle top resistance now turned to support. Expecting an uptrend within the "ballpark" up to 777.