XEM looking due for a run up

XEM has been on quite a crash as of late losing over 80% of its value from the previous run up. The RSI is looking extremely oversold on the daily chart. The MACD histogram is starting to swing up along with the lines starting to cross. It looks quite similar to the last drop with the histogram. If that happens it should get up to about the .5 FIB. To be safe TP some in between .382 and .5 FIB.