eng movements from here on

Hi all, I was curious as to everyones expectations regarding ENG's future SP movements.
Personally Im extremely surprised its at 12c-13c which is at a 2 year low which flies in the face of continuous good news.

my assumption is it has hit its basement level, will flatline at 13c for a few weeks as buyer accumulate upon the same assumption, then the sp will swiftly rise to more positive levels before March.. does anyone share this opinion or have other perspectives?