We spoke about the pull back yesterday and came very close to the trend line for a retest and bounced intraday day....now in the PM we are seeing a bounce back up to the previous high.
A break above the previous high and this could be the confirmation that the trend line is the new support level and this is a strong buy signal.
So we are looking for a break above $65.
We still can't rule a full retest of the trend line at $62.70...and if this happens and we get a hold, I will be adding.