Price action is testing the 200 Day MA on the pull back now, the price has lost the wedge line so there is a level of risk associated with this pull back.
The 0.78 Fib is just lower at $27.90 too, which has been a support level since the middle of August
The important point is that if support is found on the 200 Day MA, we can expect a bounce next and the Wave 3 target is in play.