- Bullish bias still valid - Potential shakeout - On a strong fib (0.5) support at $10.2 - Expected sideway action range $10 - $12 - Wait to see PA, could range up to 0.414 fib level and retest current levels - Ideally, we want to see S/R flip on 0.414 fib level - Don't like how the 200 EMA was nuked through - Could see another leg down but most ALTS are just going through capitulation