some technicals for ALAlook at the 1yr. weekly price chart: that gap down from $20sh level to $15-16 level, will have to be filled, before the price stabilizes btw that level and the next resistance at 20.41-21.50...For now, that 15-16 level acts as resistance, as well as the weekly SMA26 @ 17.61
Tech indicators curl up, with weekly RSI13 still oversold at 38.60, and MACD 6,13,5 @ 0.375, stock histogram rising as well.
It took about 9weeks of downward correction.
From the low of week of Dec. 24 the stock is up over 12%.
The weekly technicals are still bullish and have some room until that pivotal 15-16 level is achieved.
There are over 3000 March16 call options on the books, currently priced at 20 cents each. A dollar stock price increase btw now and post-earnings will double them to 40c+..