I don't hold shares but see this as a good area to start accumulating. Overall market sentiment is continued bearish, but looks like a base was formed and it's beginning to move up. I can see this hitting 24s for support and going back to 30s loner term. I expect ER to beat so might enter on 7/30, but likely won't. Chart shows HUGE upside on pattern, talking 5-10 year could be 200-400% ROI if rates continue to improve.
If you look at my support and resistance lines, and check the past 2 days, you'll see that I totally surprised myself by hitting the channel. Still looking to see what happens here, but maybe a narrowing of the bollinger bands pending overall market sentiment changes... right now it seems more bearish than bullish.