This chart was uploaded last week to show the potential for a break out and the targets above if the price can hold on the outside of this red channel.
With an 18% bounce yesterday, the price is now outside of the channel, a retest of the channel from above now at $2.70 is what we would like to see to show that this has been flipped to support....like we saw on the $OXY chart and that gave us a buy signal.