RE:Base forming?nah, maybe more like an inverse head and shoulders if you want to argue a long bias. Neckline at roughly $14.60/65 would be the catylst. A break here would target $17.50 ish which on the charts is no man's land. Closest technical level, might be a gap on the dailies up to $19.40, and then previous support that was broken at $19.80ish. All from an obvious long bias.
On the other side, looking for a break of support at $13.50 for a retest of the low $11.87.
glta
sjc444 wrote: Looks like the stock might be forming a base. If so this is a positive sign. New investors will find the
yield much more appealling if they don't feel they will lose their capital.