Finding support on the 200 MA, we may see a technical bounce leading to a possible retest of the head and shoulders neck line in a move from 320 levels to around 340. Once a retest is made, the pattern may be confirmed with an approximate drop of 12% to 300-310 levels.
The horizontal line represents a possible entry point at a prior support level.
The horizontal line represents a possible entry point at a prior support level.