Short term PT: 26-28, lower depending on greater market

Broke through the ~32.50 level, headed back to a 25-28 range while the greater market chooses a direction. If we're truly into a proper recession, we could see as bad as 18-20 range, but doubt we do before middle of 2023. In the near term, it is oversold, if SPY bounces or chips do amazingly well for some reason, it may pop faster than SPY.

Not FA, don't have a position. Good luck out there.

Comment:

Should say if it breaks through 30.50 it'll head back to ~27-30, but 30.50 is a pretty strong support level from 2016-2017.