What counts are whatever the shorts are willing to pay. That may be something in the 170's over the next week.
Most of the money pulled out of Chinese stocks is going to come into US markets within a day or two. Very positive sign.
There's nowhere else for money to go, thanks to QE and declining commodity prices, except into stocks.
And, the company said orders dropped 8.2 percent to $52.6 million between April 1 and April 27, compared with the same period last year
Revenue fell 13 percent in March. It's only going to get worse, as the brand is now as toxic as the flooring.
Looks like new highs coming within a few more days!
Nothing wrong with directional trading. A lot more refreshing than the endless permabear/permabull/market-is-rigged loggorhea.