The Price is moving in a channel, though from last few weeks it has been bearish and doesn't seem to have enough strength to bounce back from the channel support.
I would go short if price closes below 270 for a target of 255.
I would go long If the stock closes above 290.
I would go short if price closes below 270 for a target of 255.
I would go long If the stock closes above 290.
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Moving up to its channel resistance, One can target 340+ from here.
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Still have some gas? Lets see. :)
Should touch the upper channel line.