Bullish flag seems to be forming on daily chart. Additionally, weekly chart shows bullish engulfing candle. Momentum should carry us to at least the previous high or perhaps higher.
The bullish trend that started over a year ago has been broken by a bearish engulfing candle on the weekly chart. I would look for price to pull back to somewhere between the 38.2 and 50.0 fibonacci retracement levels before starting another push down. As always, wait for confirmation candles within the zone before selling.
