If the company can deliver $1/share in quarterly earnings with improving outlook starting in the 4th Q this year as stated, this stock should trade at least in the $70-80 share range before year's end. Not a bad buy right now.
$58 seems to be chart resistance on the upside. It will be interesting if big buyers take it back over that level as the stock price finds its way back north again. Longer term , given the outlook of improving China sales and 4th Q estimates of over $1/share earnings, this is $70/+share stock by year's end IMO.