As expected, XML dropped to the fibonacci .618 inside the triangle, did a tiny bullish wick while stop orders filled and algos kept selling and then caught and started upwards again after a week-long correction.
There will still be some fluctuation going on today, bears trying to keep it low and sink the entire market - but that means there's still time to buy in.
So what's the upper limit ? Well, @haejin says about $2.40 and higher.
He's the most astute optimist I ever knew... sounds good to me.
We'll find out if someone can supply us with a tiny bit of volume (but all the lil rabbits are fleeing the market place once again, upon hearing Jamie Dimon spat on the floor).