looks like its breaking this downtrend. is above 10,20,50day. and 200. placing stop at 9.24
could go one of three ways here. breakout to upside, bounce off the top of the downtrend. or boringly move sideways and down a little to 9.75 MA's are rolling over. could be a clue.
one possible scenario is down to touch the 200 day before going higher
Doesnt look like a lot of volume though. Maybe it will come back down and touch that 3.83 area
it looks like more resistance than support here. could be wrong but it looks like there's room to come down.
could be an area of suport here at the 200 day at 8.80. still watching above around 9.05-9.10 for a break up.
general markets could get week. this could drop with it. but above 9.85 and maybe it could rally
Seems to have difficulty at the 200 day. if general markets sell off some.. then this could be a short to maybe 9 bucks. maybe a little more sideways action first though. time will tell