After finding support from the long term uptrend, look for a breakout to $1.95 - $2.04. Prices could then retest trend before legging up again. Notice how a breakout to $1.95, would set a 1.618 extension at $2.42, which also happens to be the last high.
Kommentera:
I have uploaded a better version of the same chart (with better arrows)
