Bounced on the support level we spoke about last week, as it found some optimism leading into the end of the quarter. 200 Day MA has been a strong resistance level and that is just above, this will be an important area to watch. This may move sidewaves before moving down but the chart remains the same.
So What Now?
This is not a buy for me unless it is in the buy zone. RSI is at the trend level now too and we are a long way to the bull case which would have this out of the bear case threat.