Brief update re RACK

So RACK declines again towards $32. Is it too silly to suggest I expect(ed) this type of action? (Recall the limned double bottom intermediate term base.) In fact, the closer it nears to crucial support at $32 (the 200-day sma now is ~$32.65), the more likely it becomes I will purchase another lot. I prefer the shares wash out towards that level today -- and soon (meaning, early on) -- so that the likelihood of a bounce from that low would increase.

But $32 also is my stop out level. A failure to hold that price level, especially on a close, changes materially the picture. And my interest.
-- David M Gordon / The Deipnosophist