There are three scenarios here that I see playing out:
1. We pump straight up right now
2. We form the second half of the double bottom (possibly consolidate/range a bit in the area)
3. Form an IHS with the head bouncing on either 54K or trendline
1. We pump straight up right now
2. We form the second half of the double bottom (possibly consolidate/range a bit in the area)
3. Form an IHS with the head bouncing on either 54K or trendline