The RSI is showing a reversal in the over sold position for both 2hr and daily charts. The MACD is showing how the sellers are losing momentum for now and the buyers are coming it for a long. The candles are beginning to move northward and the volume is coming in. I'm curious if the 50 day ema will become a new support. If it breaks through this resistance point it should become the new support. If it breaks through, we could see it make it into the $80's