For people that always ask how do you know where to get in. This is a good example. You want to wait till this gets over this last pivot lower (trapping shorts) and above the 200MA. Once and only once it gets above that you can take the trade to the 100MA. That will be a good place for it to rest a day or two and either break higher or use the 100MA to show resistance. So always look what's above you and the last pivot of weakness.