On the technicals it looks like a 3 year channel we're now at the lows that were reached in 2010. I'm in at 2.78, I think there's a decent chance of 4 and change being reached so this looks like a decent risk to reward trade. It's showing MACD bullish divergence, on both the Daily and weekly.
It took out the low at 3.00 on a horrendous week but seems to have found support and rallied back to 3.00
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