My Level: Long off $23.70
It has had a 3 down days in a row. Wrote down long possibly off 23.70, you have the 126D SMA as well as the Quarterly pivot down there. Has $1.27 ATR again kind of brings you right into the pocket. I have this feeling that it might have a nice bounce day maybe one more washout, but we’ll see what happens tomorrow or Friday. You can also see its a prior support area as well
It has had a 3 down days in a row. Wrote down long possibly off 23.70, you have the 126D SMA as well as the Quarterly pivot down there. Has $1.27 ATR again kind of brings you right into the pocket. I have this feeling that it might have a nice bounce day maybe one more washout, but we’ll see what happens tomorrow or Friday. You can also see its a prior support area as well