NXL - Possible Turn Around?

NXL after being hammered down could be possibly turning around because of the recent Bullish Price Action coupled with a break out of the Bearish Trendline with High Volume and Bulllish MACD. I will be targeting the previous Gap Window and the POC of Volume Profile. My Trade plan is given below:

TP1 - $7.30 (Potentil Gain 23%)
TP2 - $9.00 (Potential Gain 52%)
Stoploss - $4.00

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