Honestly, I think the infection rate will rise, due in part to the testing increase, due in part to the incubation period lag and the fact that even with a stay at home order, people are still travelling around, and the nebulous factor of the virus "may persist on surfaces for a few hours or up to several days."
I also believe that, just like a cold, one may contract the virus, get over it, and contract it again.
I hope to be wrong, but I think this virus will be with us for a long time to come yet.