-stock after the negative news came down to 203 levels and created a base for a launch -with higher low and lower high formation the stock is trading in a symmetrical formation -stock is looking bullish on the upside after a break above 219 stock can easily rally -one can go long above 217 -with a stop near 209 -initial target near 223-225 -swing target@229-234 -wait and watch approach -enter if yesterday high is taken out