Price on a weekly has made a LL first as seen in point 2 then a HH as seen in point 3. In patterns, this points towards a potential formation of a HNS. Point 4 was good confirmation that a HNS will indeed come into play as it made a LL of point 2. The profit target of this HNS, beautifully coincides with the 50% retracement of the rally from March 20' to May 20'