We have a higher high now in the PM and we have been waiting for this.
If the price action can sustain this strength when the market opens today then we will start to see a reversal here.
REMEMBER: you are still very early! forget that you did not add on Friday before it jumped +5% or the PM movement now, this is immaterial, my message is always clear: give up a few percentage in order to confirm the reversal and you will lower your risk
The upside potential is very high here too, so trying to catch the bottom is never wise.
If the reversal starts now then the 50 Day MA at the 0.38 Fib is the first target at $15.46 and then the 200 Day MA at $17.35
I can add in the new impulse wave once I see sustained strength today.