Monthly is still bullish (black line) and weekly is trending down. Currently weekly is retracing towards the red line. Once price hits the red line, I am anticipating a volatile move towards the black line. If market bounces off the black line and hourly shows HH/HL then that would be appropriate time to enter long. A wait of at least 2 weeks. If an entry can be identified using black line as the stop then the stock can be held for many months with out getting stopped out.
a236z