BRN - Could we see a bounce?

BRN looks like it may have found support around the 200 SMA and a possibility that we could see a bounce off soon. MACD has crossed also indicating that this could be a zone where buyers could get strong and take price higher. My target on this trade would be $0.550, a potential gain of 10%) with a stop below the swing low.

Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.