weekend charting 9 april, page-158

DYL for thejase128.

Just some commentary to go with the chart mate. Was probably getting tired last night to think lol.

Having broken out of a severe downtrend as framed by the red pitchfork is a good sign.
It's showing all the signs of recovering in Fibonnaci stages, having just now stopped at the (black) 23.6% line. This is where it might rest for a while before continuing.
Notice how it bounced between the blue fib lines on its way down. That's the most likely pattern you'll see on its way up using the mainly the black fib lines.
These Fibonnaci lines offer targets, support, and resistance.
Special attention must be paid to areas where the lines overlap, such as the ones marked multiple fib line.

Hope this helps,
10cents