It is still early but attempt #2 has failed so far. Drop to ~21.60 with a rise back up to near 22...would make for a nice short term cup and handle.
I am still bullish on the name...holding with common stock.
Might get a better price for a new position...might. Place you bets!
It will close well north of $22 today as this stock is decoupling to the upside from the S and P 500.
Just a matter of time before it passes 20. We will probably see it within this week. Most of share owners are under water or a few bucks of gain, selling pressure is reduced. This stock has no way to go but up if the general market does not tank
"passes 20?' It's at 21 and change as we speak.
Huh, would you look at that...dropped to ~21.60 and found some support. Back to test $22???
The stock tested the 50 day moving average ($21.49) and then moved up at support.