Update: The trade is active now Update: Target Hit
--------------------------------------------------------------------------------------------------------------------------------------- The share is showing recovery, however the bullish rebound could provide an opportunity for another short.
-The price has tentatively broken the double top formation -The price has tentatively broken the 52-week SMA -The price has broken the ascending support for the rising wedge formation -Heavy volume on downside breakouts -Sustained bearish divergence on RSI
I will be short near 24.50, targeting 20.50 support level, with a stop daily closing above 26.25.