My level: 25.60
Why: Numbers/financials good in my opinion. Annual pivot and support.
Notes: Down about 1.5pts when it closed, there is a lot of support at 25.60.
Had really nice earnings and made a huge move. Buyers were all over it. $33 & $31 is my levels for a long. $33 is wednesday's low and a quarterly and $31 is just above this monthly and 50D. I think the stock took a
breather yesterday and feel like buyers are still around on this name. I think it can push back into that $40 level near term. $33 is kind of close to...
-Rising wedge pattern.
-Two consecutive bearish pin bars candlesticks.
-Rally on low volume.
-Stock on the upper end of Bollinger Band.
Not an investment advice. Do your own due diligence.
