No one knows including the communist leader. What I know is the following:
The local extrema are contracting in both time separation and the price separation. Like a spring, when it contracts to an unacceptable degree it will expand violently.
Which direction? You know my guess.
siri: as a stock is trying to build a bottom, the price action is erratic and volume is low. All short term indicators become very unstable. Those trendline stuff are only reliable if there is an ongoing trend, and there is none for coco at the moment.