Technically Speaking
The stock is coming up on support at $200.
Fundamentals
Here is a summary of the company
Here is a nice write-up on what has been ailing the stock, in the writer's opinion.
What to do?
The R/R seems to favor a long position at these levels. A break under the $180 level would indicate to me that this stock has further to fall. I don't see another support level until maybe $120, so I can't give a downside target if $180 goes. Use your best judgement.
The stock is coming up on support at $200.
Fundamentals
Here is a summary of the company
Here is a nice write-up on what has been ailing the stock, in the writer's opinion.
What to do?
The R/R seems to favor a long position at these levels. A break under the $180 level would indicate to me that this stock has further to fall. I don't see another support level until maybe $120, so I can't give a downside target if $180 goes. Use your best judgement.
