On the above 16hr chart price action has corrected 96%. A number of reasons now exist to be bullish. They include:
1) Price action and RSI resistance breakouts.
2) Trend reversal.
3) Regular bullish divergence. 9 oscillators print positive divergence with price action.
4) Falling wedge forecasts 2000% move to 70 cents.
Is it possible price action continues correcting? Sure.
Is it probable? No.
Ww