Notice how this name lost it’s longer term trendline and has really struggled to reclaim it as it retests it from the underside. If they miss on numbers I would possibly try to scoop around 155 for a bounce, but if it lost the 153.8 level, I would be getting pretty short biased on the name. Would also entertain a fade on a big spike into the 207 area. A lot of this is going to hinge on where the name is trading when numbers come out tho. They don’t report till after the close on Wednesday and it very well could move up towards that 200 level prior to their earnings report. If that happens, the short area for me wouldn’t be till much higher, most likely up around 221.
