There is not a lot of price action we can use, so this is a very speculative idea, but whilst this stock remains above 23.78 it has a potential bullish setup if the current decline from the Jan 2018 highs remains as a corrective decline as shown. Short term I think it would look far better if a minor new low was seen towards 29.00 – 31.80. If the current for wave [2]/[B] is a double zigzag as I am counting, then a minor new low could well end the whole decline from the Jan 2018 highs and setup for a move higher and at least a test of 49.00 or higher.

Below 23.78 negates the idea, but frankly I would not want to see it move below 28.00 or it could be forewarning of a larger breakdown under 23.78. A strong move above 42.00 is needed to support a move higher for either wave [3] or wave [C].

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