Hi,
Chart analysis of recent action:
It is possible that the chart could make a 3rd corrective wave down to the 61.8% support level.
Future price targets using Fibonacci expansions $1.81 and $2.27
If you think this is all 'hocus pocus' you may be right, but an overlapping corrective wave to the 50% level is a common chart pattern, here is a recent BHP example:
