A bearish target at 27.018 previously noted here remains my minimum downside objective. I would strongly encourage buying there, especially via camouflage, but if the hidden support is decisively breached, be aware that its ‘D’ sibling lies all the way down at 18.355. A fall of that magnitude would not be an odds-on bet at that point, but it would place the burden of proof on bulls every time they get a minor rally going, since impulsive failures would be especially telling. An alternative pattern (where A=40.690 on September 21) yields a somewhat less disastrous worst case, since the relevant ‘D target is 21.175. Its 28.425 midpoint has been exceeded by 30 cents, however, and that is of course bearish.
