The medium term downtrend was broken and we are headed back to test that breakout at $228. With the volatility in this share it wouldn't surprise me if we close the gap at $213 as part of the trendline test. If the trendline holds it could offer another buying opportunity. Earnings expected on 23 July and this remains a speculative buy.
Not
Gap close at $213,24. Should be hit today. Not unexpected. Stay nimble. Neutral on this one.
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