is highly oversold at 23.
Things to think about:
*Major Support is at the $23.25 mark, but expanding show support at $19-19.50. The price may break Major Support and retest at rising support instead.
*Fib Retracements are not necessarily being followed.
This will be a longer swing trade for me.
Buy near $23.25 mark with 75% position
Possibly Scale in at $19-$19.50. with remaining 25%
Stop Loss: $17.50
Profit Target 1: $32
Profit 2: $50 +
Comments, Questions are welcome! Thanks and good luck!