There are still more downward pressures before price stabilizes. On the 4 hour chart, the MACD entered into negative territory yesterday and the Signal line is following, when this cross (and it will), expect the price to drop even further. I would wait until the price hits in the range of 51.79 (200 period moving average on the 4 hour chart). Keep in mind, the uptrend is still intact, as price is still above the 200 day moving average.
Overall, the market in general is in pullback/correction mode. Today is just a breather if it happens to be green.
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