The Correction could take a few weeks or a few months. This is only my personal opinion and not a buy or sell recommendation for you.
I wish you had said it was a short :-) Just picking a stop loss is all you would need to do. What do you mean by "Watch the next week's action."? Do you want ideas on how to choose a stop loss? It's a shame if you missed this trade because you pointed out a low-risk entry. Earnings were certainly a disappointment, but with all of that OBV ($flow) into the stock, the stock may be supported down here. Either way, I'd love it if you took a stand and laid out a plan that we could follow. Cheers. Tim