At the end of Jan 2014 price printed what seemed a beginning of a new uptrend, it continued into Feb and printed a new high for the year at $28.87 this wonderful new trend was interrupted with counter trend which erased about 13% from YTD high but it was just higher low, and price resumed its original upside swing, and failed short to print a new high but almost revisited the same peak. Price reversal this time about 18% from the high of April this was a good indication that lower low print was imminent based on a data reviewed for 5 years in this stock. What now seems a good classic falling wedge was formed from here, after price failed to print a new higher high but rather printed a new lower high which was another indication that lower low is in the process. With all these temporary interruptions, the prior uptrend that started Jan this year is set to continue. A Continuation Wedge (Bullish) represents a temporary interruption to an uptrend, taking the shape of two converging trendlines both slanted downward against the trend. During this time the bears attempt to win over the bulls, but in the end the bulls triumph as the break above the upper trendline signals a continuation of the prior uptrend. If you decide to take a long position, the measured or projected target price is $27.50 make your stop loss at recent swing low at and around $19-$19.50. For the members, we posted a new option trade on this instrument, the rest we share with you as educational purpose. If you like it follow us and stay safe and tuned.