EMXC bouncing off 96.865

Watching $EMXC closely here. We saw a decent bounce today off the 96.865 level, which has been a pretty solid floor recently. My read is there's about a 60-65% chance we retest the 98.12 high from today within the next three trading sessions. The reasoning is largely based on the relative strength seen late in the session after the initial dip. The volume picked up on the move back towards 97.29, suggesting some conviction from buyers at that lower range. If we fail to break 98.12 convincingly, then a range-bound scenario between 96.865 and that resistance is more probable. A break below 96.865 would obviously negate this outlook.