Agilent Technologies made new highs in 2019 but is now pulling back after an underwhelming Q2 earnings report. Here's a quick snippet from nasdaq.com:The Santa Clara, Calif.-based lab equipment maker announced that for its second quarter of the current fiscal year , it brought in revenue of $1.24 billion, surging from the $1.21 billion it posted during the same period a year ago. However, the figure was down when compared to the Wall Street consensus estimate of $1.27 billion.I think this is a case where the report disappointed elevated expectations and isn't bad at all. So I don't think it should turn A bearish, but could extend the period of consolidation/correction A was already in by the end of April. A Daily Chart(click to enlarge)Deep Pullback:- The sharp dip after the report put A right in the middle of a previous consolidation range, around $68.- I think if A can close above $68 this week, it would show resilience and at least maintain a neutral-bullish outlook.- In this scenario, I would anticipate a period of sideways consolidation above $66 but below $75.- Now if risk aversion grips the entire market, A might slide further, but I doubt it can fall below $60. - In fact, if price falls to $62, I have dry powder ready to pick up some shares. - I think in 2019, as long as price holds above $60, and even more so if it holds above $66, there is upside back to the $75-$78 area.