Although I don't believe in forecasting ( mathe-magic) , it doesn't make trying any less fun. My assumption is a return towards the 33 or 55 period hourly moving average, with a price target relatively half of the recent drop from the high. Long at 40.50
Anomalous move realtive to the last 33 and 55 hour bollinger bands Half in here, half on 33 period CCI floor breach. My target to exit is 63 and change ( 55 and 33 Hourly MA).
$EMC - out of my position , I have been recovering from a loss in $EMC since march ( feels like 10 years in trading time ), it is finally small enough to be acceptable, and damn near a push, but I feel my capital will find more "work" elsewhere. I will chalk it up as tuition cost.