just to be the devils advocate and put my two cents in, or...

just to be the devils advocate and put my two cents in, or probably less then two cents, 'cause i've got no idea, i would reckon that its in a clear downtrend (medium term, i have to clarify that or someone will put up a chart over a decade) and that the move up was impulsive, though not in an elliot wave way, to get back up to its MA and to fill the gap. Once the gap is filled i reckon that it will continue to move downward and have support close to its most recent low. If it finds support there then it will journey up and if not it will be a long way down. I don't have my charting programme ATM but if you did FIB levels from its highest point, or the high before this downward movement, and $13 these would probably be important support/resistance lines to consider if you are going to trade it. Just my opinion as always and often wrong but getting better .. .

Kman