| The 200-week moving average, last at $23.07, proved to be tough overhead resistance for the shares. The stock came close to reaching this area, but then turned sharply lower. A breakout above the 200-week may be necessary before the stock can move higher. Support levels to watch as potential downside objectives are at $21.59, $21.26, $20.56. If the shares do manage a breakout above $23.07, the following resistance levels could become upside objectives: $23.43, $23.89. :theflyonthewall.com |
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