cheers
I unsuccessfully tried to trade this retracing 46--17 back up last july
You must be happy with today and waiting to confirm a breakout
from the recent down trend, I think you are right about the time frame and I would also look back at 17 as being fairly significant resistance..look how many times 17 was support and resistance recently..
Oh! the stochastic had recrossed long again on yesterdays close (its hard to see it on the chart)above 15.5 vwap would be promising..
anyway goodluck
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