Technically speaking: 1 - Price reached a significant 50% Fib level = $121.10 2 - RSI reached a taut oversold position 3 - Secondary indicators are lining up in a "pre-Rally Pattern"
OVERALL - Above technical patterns are begging for a relief rally to allow prior bearish weeks to wind down. Look for 200-weekly EMA to act as an extreme HIGH overhead resitance, IMHO: