Looking at the chart for the post I have added 200 EMA and 200 MA. Not looking to time the bottom but capture most of the downwards movement. Looking to buy at 22.20. Stop loss at 19.50. Also take profit at 30. Actually looking to sell closer to 50 with trailing stop loss. $30 take profit target is more for risk reward calculation.
Looking at the weekly chart. Trend line resistance is holding up.
Looking at the weekly chart. Trend line resistance is holding up.