We just had our pull back...if you're just starting a position, this is probably as low as it's gonna get...1.50 range...just my opinion though...great news expected soon.
Whatever you do, ignore all commentary on this and other boards related to the notion of very little overhead supply based on level 2 visible book. Most sellers won't show their intentions in advance. They'll either hit bids or put in sell orders near or just below current ask