1) Series of LHs and LLs reflects a big picture on this stock.
Weekly Chart :
1) Stock has breached 200 period at around 55-57 and post consolidation for several weeks has breached previous swing low at 50.
1) Stock has breached 200 day at around 54 and had formed a triangular pattern before breaking towards 49.
2) Stock could retrace back to 50-51 levels on account of some shorts getting covered, which could be the ideal level to go short in this stock.
All levels spot. Please adjust for .
Monthly chart displayed. Weekly and can be verified for the above commentary.