Big big picture. 3year weekly chart POC is much higher and we could be looking at a major base developing. I see this as excellent risk:reward opportunity over the course of the next 3 months to 1 year time frame.
The base developing on the 1 year chart also shows the basing triangle with a defined risk either @ 42.95 low or even 42.80 3 year low.
I first started eyeing this when RSI divergence emerged (yellow box). 90 day profile shows price is balancing around its POC ($45.24). I am looking for a pullback to December nPOC for an entry. October nPOC target (red box) would be in line w/ Weekly POC levels ~ $54 - $55 range.
I am even considering legging into a small (1/3rd size) position at these levels and adding @ December POC.