Key area here!

It's going to be interesting to see which of the two trends the market decides to stick with. considering the increased volume over the past few weeks and an oversold rsi we have a rather large ascending triangle pattern she can break out of to the topside. there's two trend lines she can follow when finding support. sticking with the blue line of support will likely yield a nice bounce and possibly enough momentum for the aforementioned breakout. However, the recent price shock the bulls got from the bears may have been enough to put a damper on that.