I had to check Edwards & Magee to see whether yesterday’s weakness may have compromised the bullishness I inferred from the island gap reversal in this stock. My guess is that the renowned authors of Technical Analysis of Stock Trends would have seen it as a mutant specimen of the genre to begin with, since the two gaps do not overlap. In any event, if we simply look at it as a routine abc pattern, filling in the gaps with hypothetical, unbroken bars, as we are wont to do, a 155.25 downside target comes into focus, subject to a bounce from the 158.07 midpoint. In fact, the bounce has occurred from 158.00, so we might infer that a dive to 155.25 awaits if the midpoint is breached decisively.