remains in short term bullish trend
in the 4hrs chart(red line). The black line show strong support level
around 47.65 level which is also the support of the short term green trend line
. Bollinger band
begins to show squeeze signal which means a low volatility
level, possibly stays at 47-48 for a couple days and a continual pattern will be formed like the other two since August.
If trend keeps going we are looking to the $52 level.