This stock has a P/E of 99 and a forward P/E of 64. The chart is showing a "bear flag" and there have been insider sells. In a downtrending market as we have today, sure looks like a good stock to short. Support 30.70. Resistance 33.80. Pivot point 32.25.
Pivot point is the avg. of the posted resistance and support. Supposedly for day traders a move below the pivot point means a test of support. Since it is above that mid-point in trading range, the test of the resistance can not be assumed finished.
Very short-term orientation in a thinly traded stock. My feeling is that this is not a good stock for day-trading.
Also the NASDAQ and DJI are now rebounding from lower Ballanger bands.