downtrend likely to continue , trendline and 50 day ema acting as resistance
short setup , downtrend , 50 day ema resistance , dark cloud cover bearish candle
Option activity is suggesting 50 is more likely to happen before march than $42. The best is to focus on short term trade $44.30 is a good target next 3 weeks. If you decide to short make your stop loss at recent swing high or $47 with target price $44.30. Join us www.woowtrading.net
looks good/exhausted up in the nosebleeds
Support @ $16 has been tested many time. I'm long this stock with a STP LOSS @ $20.