My momentum chart on the daily shows a bullish bollinger band squeeze with buying momentum coming into the stock. This suggests that supply at the current SP is drying up and has absorbed quite a bit of selling pressure without declining further in value. The larger dip in the CMF (which measures relative buying/selling pressure over 20 periods) recently shows this "spring" effect.
IMO momentum is reversing and Seagull's bullish trigger line could be tested quite easily.
My momentum chart on the daily shows a bullish bollinger band...
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