The 20.27 target of the bearish pattern shown remains valid, although bulls can take encouragement from the fact that the futures seem so reluctant to get there. More bullish still — decisively so — would be an impulsive thrust exceeding the 32.69 ‘external’ peak labeled on the chart. Failing that, the stock would nevertheless be a compelling buy on a fall to 28.98, the midpoint support of the ABC pattern shown in purple.
