We're testing the 2012 highs and on the verge of a key reversal week. Price will probably continue lower until reaching support at the lower support line. If that gives way, be on the lookout for a steeper pullback
Since the OPEN acquisition the market hasn't really known what to think about this stock. Given the location of the consolidation price appears headed lower. With price near the top of the range, the risk reward also favors bears.
The Dec/Mar highs have capped price post earnings. This thing was halted...everybody was looking for a monster move...the analysts were way off, but the quarter's news appears mostly baked in. This sets up an interesting fade opportunity. (Personally am looking at the May 70-65 Put spread as it really limits risk if wrong and all the extra IV is getting sucked out)