Check the points on the chart:
- The down trend is still in place
- Recently no great news have been release so it is still trading there
- Some gaps are still left to fill, although this is not a strong aspect
- Technical indicators are turning up and may show some upward trending
18 seems to be the max achievable price at the moment and if reached will show the further trend. If the channel is broken may go up to 20s just like last summer. But news have to be in place for this and so far there are none.
- The down trend is still in place
- Recently no great news have been release so it is still trading there
- Some gaps are still left to fill, although this is not a strong aspect
- Technical indicators are turning up and may show some upward trending
18 seems to be the max achievable price at the moment and if reached will show the further trend. If the channel is broken may go up to 20s just like last summer. But news have to be in place for this and so far there are none.