Finished the week at $40 and the 0.618 Fib is just above at $40.10 and our blue line is at $40.60.
I would have liked to see the price hold above this blue line but let's see how it opens tomorrow.
It too is on a knife edge and bulls need to step and and this is the time to do, whether they do it or not is the next thing.
The 50 Day MA is also at the price now too, so this is becoming an important confluence level now.