The stock is trading below it 50dma which is short term negitive. It is above its 200dma so all is not lost yet longer term. The stock attempted today to rally above the 50dma (aprox. 105) and failed badly. It fact the stock has failed to each time it has tried to rise above its 50 dma. A strong move above the 50dma would be bullish but it doesn't look like it is going to make it. There is a lot of technical pressure on the stock to push it down to the 200 dma (aprox. 50). So what can we conclude from this information? Basically that the stock is in at least a short term downtrend with resistance at the 50 dma and support at the 200 dma. Other charting indicators (lower highs and lower lows indicate that the stock is in a downtrend with no support for quite a ways down. Short sellers or put buyer should select their positions around the 50 dma. If we move signifcantly above it, cover your shorts, if fail to breach it and start to head down initiate new positions.