Little resistance until $50.09. Strong technical buying signal at 9trading website.
Fast Money Pete Najarian said hold off on pos. ...a better entry point is coming. He didn't say when , but I am guessing the next earnings date. ..I think he is wrong ...that it will move up before Dec. and then do what its supposed to do.
Najarian's not a technician. The chart clearly shows a reversal. Take a look at the MACD. Downside momentum is clearly loosing steam, and upward is building. Should break out soon.