After the recent sell down below the US$44 level, buying interest emerged and price rallied towards US$54 level.
We may anticipate that the buying interest continues and may rally to US$58 and US$61.95.
Price is building up above the SMA50 level with improved volumes. It is certainly a clear flag formation breakout as well.
With the gap-up pattern, we expect the target will be envisaged around US$16.09.
Meanwhile, support will be located around US$15.13, US$14.82 and US$14.60.