After a stellar run it retraced perfectly back to the 61.8% fib line. I think that was necessary and healthy. Looks like it's on the move again. I've include a fork to show likely direction and speed. This could also be viewed as an Elliot Wave 3 which you would expect to surpass the $2.72 high of Wave 1. Be worried if it doesn't - that would imply it's running out of steam. Finally, I'd keep an eye on the candles for short term clues. The two candles at the top formed an imperfect Bearish Engulfing pattern that started the correction.
