Made the watchlist as it is now over the 50MA. On today's move, notice it leaves a bullish kicker and leaps over the 50MA. However, it is in snap back DOWN position. This suggests a retest of the swing low. I am setting a bearish entry point at $100 with a target of $85. Need to overcome the swing high to confirm uptrend is still intact before I go bullish. In the meantime, I am neutral...but...playing very close attention.
