Stock broke the uptrend line, retested it and now retests the green buy zone. Potential to short the break lower and target the first fib level at 38.2%, also 200SMA on daily is catching up to that level.
A buy is possible is price starts to close the gap back up to 160 level, wait for impulsive move higher for confirmation.
Good Luck!
A buy is possible is price starts to close the gap back up to 160 level, wait for impulsive move higher for confirmation.
Good Luck!