Daily chart is showing an EXTENDED TREND and most likely needs to pull back below the 50 SMA.
Multiple TrendCloud Signals on the 1 hour and 15 min charts to the downside.
The deep pullback on the daily chart as is falls below the 50 SMA will be seen as trend reversal on the lower timeframes.
Once price goes below the daily 50 SMA we can start looking for support levels and watch for a crossover to take place on the 1 hour chart to the upside.
Then you can start buying it up again.
Multiple TrendCloud Signals on the 1 hour and 15 min charts to the downside.
The deep pullback on the daily chart as is falls below the 50 SMA will be seen as trend reversal on the lower timeframes.
Once price goes below the daily 50 SMA we can start looking for support levels and watch for a crossover to take place on the 1 hour chart to the upside.
Then you can start buying it up again.
Chris Juliano