Caught in a nasty descending channel

The selling pressure is strong with EPAM and it is currently at resistance. To complete its corrective structure and bottom it will likely do the following (black trajectory):

- Drop to 155-175 range pre earnings (8/3)
- bounce to 200 post earnings
- if rejected at 200 it will completed final leg down to 63-93 range and begin accumulation there.

Goal target 93 by end of September.