Two islands show reversal on LEXR

LEXR was on a downtrend with many gap downs when the news came and 127 million shares were traded:

News: «Lexar Media: Toshiba assessed $84M in punitive damages (LEXR, TOSBF, JP:6502) By Carolyn Pritchard
SAN FRANCISCO (MarketWatch) -- Lexar Media (LEXR) said late Thursday that a California jury has awarded the company $84 million in punitive damages in its flash memory intellectual property case against Toshiba (JP:6502) and Toshiba America Electronic Components Inc. (TOSBF) . On Wednesday, the jury awarded the Fremont, Calif-based digital media company $381.4 million in damages after finding Toshiba liable for breach of fiduciary duty and theft of trade secrets in the development of certain flash memory technology.»

Then the stock corrected from that news induced spike but it hold where it should have so the trend reversal is confirmed (at the 61.8% retracement). Yesterday we had a bullish technical signal with higher than average volume.

I'm buying LEXR at the open.

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