Fibonacci support level - 23.52
Weekly 100sma (Blue line )-23.70
Primary Trendline (Yellow line) - 23.20
Down more than 25% since its 52week high made back in August, A considerable correction here. Look for a bounce in the 23.50 area here with a bullish candle close. If support holds we should be headed back to new 52week high's.
If it closes below 22$ then we must likely will be heading back to 17$ which would represent a 50% drop in this stock from August highs (Crash).
Weekly 100sma (Blue line )-23.70
Primary Trendline (Yellow line) - 23.20
Down more than 25% since its 52week high made back in August, A considerable correction here. Look for a bounce in the 23.50 area here with a bullish candle close. If support holds we should be headed back to new 52week high's.
If it closes below 22$ then we must likely will be heading back to 17$ which would represent a 50% drop in this stock from August highs (Crash).
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