Prices showing a pull back to the uptrend line, with signs of oversold in Stoch RSI to support the bounce back. However, it is under the uptrend line, so longer-term outlook is yet to be clear.
Prices has been forming within a Triangle with volume narrowing for the past 2 to 3 weeks. It is at the ending edge of the Triangle now, and should break within 3 or 4 days. Looking at the strength, it looks more likely an upwards break this time.
Rebound price is either 45.32 or 41.54 from the Fib Retracement. It did rebound yesterday at the uptrend support line and rebounded with more volume than the down days too. Lastly, it is currently still in the oversold RSI section, there should be buyback demand.
