Here we see a really nice set up for a Short swing trade.
On the weekly chart the price is over extended and has broken the upward trend line with a declining MACD histogram. In addition, the price has come to point where AB=CD and due for reversal/correction .
On the Daily chart we see a Head and Shoulder reversal pattern with a Bearish Engulfing candle...
Recent IPO in fast growing sectory. A bottom looks to be forming @ $40. Trendline break and now has horizontal support. 200 day MA catching up should add support at 40. 50 day MA has been resistance and the stock is wedging between 50 and 200 day MA's, while being in a tight range of 40-42.50. Other stocks in sector are still strong, see RP.