It will be a stretch but I see the measurement on this breakdown to 22. I would be a buyer with both hands at that level. Should take but a few days.
I think we are about in the middle of this move, not my favorite place to enter into a trade.
yeah, we are "in the gap" and might as well close it at 60 or thereabouts. Filling the gap is unfinished business at this point.
If..... we can close above 65 today we have a hammer candlestick. This coupled with positive divergence of the 10 day rsi would give me confidence of a bounce. IF we can close above 65.
yeah, that was a crazy drop yesterday and it found support where you mentioned. I'm wondering if this upmove now is forming a right shoulder.