I agree with your resistance issue. Thing is, previous buyers tend to give up on a stock if too much time goes by. So there is definitely resistance is the $9 area but I believe it is less significant because it is about 18 months old. Anything over 2 yrs and I almost disregard it.
I'm...
I'm still in. My stop is 17.85 for now. I'll keep reevaluating as it trades. I think it will hit the 52 wk low of 13.52 if the market weakness continues.
The measured target is 9.75
AMT4SWA,
I determine targets by measuring the size of the pattern and looking for a recent high/low in that area. In markets that are extremely bullish or bearish the recent high/low becomes less significant.