There are a lot of new longs from yesterday from that $58.25 low who will take their money if it keeps fading. Do the math it petered out yesterday between $53-$54 which I posted around 2pm when it was under $60 that it would close there yet today when the Nazdaq was up at the highs over 27 points the stock could not take another leg past the $64's thus the fade. If the market climbs to the highs again by the close then you may approach that $64 level again by 4pm. I'm watching for now.
I'm going to go out on a limb and say more lik 63 and change. I'm hoping for under 63.25 which would be my indicaor of exhausted selling. You can go back a year and see that is prelude to a move higher with strength.
Hey right in the middle there you go. Your estimate got a break with the market rallying back in the last hour or so. Although it was not an impressive day as far as relative strength. Unless earnings are very good which they could be I think we may have seen the high for the year.