After a move down from forming a double top, a double bottom has formed. Leaving a good opportunity for a long position. Its touched a strong support line and RSI and wave trend are also setup nicely for a bounce up.
Komen:
We got a little more of a correction than previously thought but I am still bullish on this, especially after that push down toward the first bottom area that is acting as support. RSI and Wave trend look even better now.