iRobot $IRBT has been on a tear since mid-year after completing a price bottom and breaking above $70. Price eventually broke into a new all-time-high when it cleared $110. But since almost reaching $120 in August, price started to retreat. I think we should anticipate more correction and downside.IRBT Daily Chart(click to enlarge)At the Crossroads:- As price retreated it found support at $100. This is a sign that bulls were in control.- However, on the way up, the $110 became resistance. The bearish engulfing candle during the 9/13 session suggests that the bearish correction mode is still in play. - If this bearish correction swing materializes, I would monitor the $90-$95 area for support. - Meanwhile, I would anticipate support as the RSI approaches 40. If the market is still bullish, the RSI should hold above 40.