The analyst discusses the Render chart, noting its decline. The analysis suggests the move into the October 10th low is a B-wave correction, possibly an ABC or WXY structure. The analyst notes a leading diagonal pattern into the November 2021 swing high. He considers that the correction could be complete, pointing to potential 1-2 setups to the upside. There are no very clear due to the lack of high quality data. A break above a critical level is needed. Resistance for wave B is between $2.58 and $2.91. Downside is possible below $2.91. Above, the objective is $3.35.