We see three moves after a massive down move. Hind Petro is probably in a complex correction or a simple correction . However in either case, the next move's probability is higher for a downward direction to retest the "A" level. Once at that level, we can look for clues as to where next. If this is a complex correction, we would see the final C up, else it will continue to move down making lower lows. So in the short term, a down move is anticipated.
** This is not a trade advice**
** This is not a trade advice**