Not impossible we come down to a retest of the breakout in the mid 40s. That said, there is support here so accumulating long makes sense to layer into the trade.
Comment:
Looks like we did. This should be a decent buying opportunity.
Trade active:
Target Reached. Need to see if the recovery is underway or not. Will need to breach the outer resistance.
Another retest of the low is possible if there is another "credit" or leverage crisis.
Another retest of the low is possible if there is another "credit" or leverage crisis.
