Point 1. As you can see the overall general trend since November has not actually broken yet. The original resistance level of $1400 a month ago has thus far been strong in support and hasn't broken through either just yet.
Point 2. The 90 day MA is at a respectable $1200 right now and the 20 day MA has not crossed it yet.
Point 3. RSI is looking healthy....
Keep an eye on the trendlines meeting the $1400 mark where there is significant support from bulls.
IMO considering the overall trend and that I consider the bull market still to be ongoing this is a bullish sign, but only time will tell. If it breaks upwards out of this trend it is a very good sign, however if it drops below this support line it could signal...