The trading pattern from December/January is repeating itself in a mirror-like way.
We tested the bottom of the current channel two days ago and broke it convincingly yesterday.
The MACD indicator shows an imminent crossover/rollover into bearish territory.
Candlestick charts called the bearish turnaround two days ago with the weakening upward move on weakening volume.
Fibonacci retracement numbers say the first move down will be to 62.88, the second to 58.77. On January 24, the fibonacci retracement made it to the full 61.8% retracement of 40.44 on the nose. If it hits the full 61% retracement here, the stock will test 54.87.
These technical indicators are independent of any news or announcements that could alter the direction of the stock.
I would be very careful on charts, the only thing really reliable with this stock is moving average. As long as the price is way above the MA, this stock can bounce back and hit new highs just like that.