is down 40% since mid-September. Expecting a short-term rally in January; recently broke out of a downward wedge
shows a bullish divergence
since mid-October. Has traded within a $45.5-$43.5 range for the last two weeks. Attractive risk/reward entry point, with shares trading at ~$44. Note how effective the RSI trend line
(blue) has been as an entry indicator; as such expect resistance on the back-test. Entry at $43.95. First target is $47, with upside to ~$50.
1.2.15 - 12:20pm EST