Hey Chas,
That is a bit of a difficult chart for me to read. It has had a ton of pivot highs.
I would agree with what you said.
As far as if it retraces, I would say anywhere around the $3.45 to $3.50 area IMO.
Using the fibs from .68 low to 5.73 high gives me a .618 master support level around the 2.65 to 2.75 range.
Good luck brother, like I said this is a hard one to chart. Sorry about that.
Let me know if you have others.