Bounce zone @ 57.20-56.16 with the 50 DMA @ 57.03
LT oversold but support is light to the LT .764 level @ 17.55
No rush to buy on Day 1 of our 3 day rule
Poised to open below the 11/20 low @ 18.51.
Our overshoot level @ 17.67
and a CLOSE above is needed to buy/hold
Day 1 of 3 day rule
A gap lower
LT .764 level @ 44.84 as next support.
A CLOSE below and support is QUITE light to the May lows @ 37.98.
Ask for others sent to clients today