As I didn’t specify the stop to be based on a daily close below 18, I will consider TIPT stopped out for a 3.5% loss, although this is likely just a stop-clearing, momentum-fueled overshoot of the 18-18.45ish support with T1 likely to be hit if TIPT closes back on or above 18-18.45.
As such, those giving the trade a little more room on their stops and/or waiting to see if the stock closes on or above this support zone, should the stock rally up to that T1 first target level & beyond it, the next two potential targets would be the 20.30ish resistance followed by a backtest of the recently broken primary uptrend line (as per the dotted arrows. Previous & updated daily charts below.
TIPT daily Sept 26th
TIPT daily 2 Sept 26th