Potential for reversal

Going strictly by chart analysis. The red resistance line from march of 2022 has been broken with a good bounce. Making the yellow line from the last year or so potentially a new resistance line with two bounces. if it continues to use the green box for accumulation the white line (which is speculation at the moment and chances are will either be moved or wiped out in the event it does not reverse here. At the moment it was set parallel with the new resistance line.), will be possibly the new support line with two bounces. Making this a good spot for a reversal in trend.