has traded in the range of $30-34 for over a year. The share attempted to break through the $30 level in February-March, 2014. But this was a false breakout as a double bottom
pattern shaped up and the price reached the upper boundary of the $34 range. The price tested the $30 mark and bounced off it in October. Now the price is likely to reverse to the upside through a triple bottom pattern.
A buy signal would be if the name closes the week above $32.