Thursday, April 21, 2016 12:24:40 PM
The stock is well over primary VBP resistance for the leg down of $9.39. The move from $17 to $10 was not on large volume and this indicates wash trading and manipulation by the the Street People.
Note a very big VBP gap between $15 and $12. Once they let go of the stock the move back to $15 could be fast.
On the longer term outlook there is a zone of resistance beginning at $15.50. Either time or big news will be needed to break out of there. Of course a bull market in the sector would make it easier.
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