The Stock is trading in a falling wedge pattern and breakout from the pattern may result in breakout in the stock.
Moreover, if you see it's RSI, though the price was making a new low, RSI was failing to enter the oversold area which suggested comparative strength in the stock.
I am totally BULLISH for the stock.
Once it breaks the 2007 level with Volume and Conviction, the prices will reach 2250 in 3-4 days.