FOSSIL - Now what ?

BATS:FOSL   Fossil Group, Inc
support trend line is still holding, but stock is testing it's all time high of 07/2011, RSI is also trend down. you cannot see it on the chart (possible bug) but volume today was a staggering 13.4 million shares , the 3 month avg is 1.4 million shares. So , is there momentum behind this or is it a good short candidate


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