$OLED - Gearing up for Wave 3(up) - (IF it Holds)

OLED was one of the first to begin its decent earlier this year when AAPL announced they were taking things in-house & scaling back on OLED related products.

Following its most recent drop, it is sitting near perfectly on its long term trend line in the high $80s. If this holds(tight stops are suggested), I'm anticipating the beginning of Wave 3 up, which if validated could result in a near doubling of its current price.

If it drops, stops hit & long term trend line lost, but R/R looking pretty strong at the moment