Look for nice trading range
currently this stock has a relatively strong channel from about 20 to 23.50. Over the past week the short interest has been unusually high as well as the volumes. I look for this stock to move to the 20 range short term however, with earnings on the horizon I would not be surprised to see it around 23.50 by early November.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.