Present Long: The stock has entered an area of support. PBV bars show strong support in the $25-27 range, with resistance between $30-32. An entry off a bouce from the 200 day MA would be ideal, with a stop just under $25.
Future Long: A breakout above $30 would clear short term resistance and offer a $35 target.
Future Short: A break down below $25 support would set the stock up for a major fall.
The two long setups are short term plays and must be watched carefully, as a longer term top seems to be forming.
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