The resistance lines should be fairly strong here I think this run up is in anticipation of the quarterly sales number. Volitiliy will increase here but I don't have a position here at this time. if I did I will try to short ir and the stop will be be just over the red arc. and if it closes above the all time high it might move even higher.
my gut feeling is that we wil be range bound between the purple lines
my gut feeling is that we wil be range bound between the purple lines