$MOH long

Check out the price action in this chart!

• We’ve perfectly corrected the last upward impulse and landed at the 61.8% Fibonacci retracement.
  
• The price is supported by a horizontal support cluster [red].
  
• On the last trading day, the price tested the 50-day SMA [blue] precisely.
  

So, IF last day's high and the 30-day SMA [orange] are broken to the upside, I expect the next bullish impulse to begin.