The stock has rallied approximately 63 points since November and now appears due for a healthy pullback and rebalancing. It has also reached a new All-Time High (ATH) while showing declining volume during the final leg higher, followed by a strong bearish rejection.

From a technical perspective, there is a high probability that price will retrace to at least Value Area 1 (VA1).

Potential profit: 13%
Risk-to-Reward (R:R): 1.61