breakout on large vol . retesting channel now. looking for 20 minimum.
volume coming in at channel support
break of red trend line would be a sell. last stand here.
Trade closed: stop reached:
gotta punt on this one...broken beloww 200 ma on hourly.
looks like a nice solid bounce off channel support. new products coming out next week in time for seasonal period. risk reward looks good for swing long re-entry. may be we see 20-25 by year end.
probabaly good idea to put in stop at gap support. 14.50.