That is, to break out of the downward trendline (blue dashed line) from the June 6 high which is now at the 76.4% fib retrace of the descent from that high. I will not use that ridiculous July 7 low at $14.39 for my fib retracement because according to some articles all "fat finger" trades below $15.45 were not honoured so I'm using the July 10 low.
The 200-dma at the psychological $17 price tag is being a bitch now but she will come around. With bonds printing new lows & the stock market at nose bleed levels, there's a better chance of Trump starting a trade war now than improving economic growth in the US. The Fed is supposed to be tightening but they don't seem too confident lately. No one is buying what Trump is selling any more.