Shares of Restoration Hardware (NYSE:RH) have fallen from a recent high of $80.00 all the way down to near $51.00 I have a major trade level of support at $50.00 and it also happens to be a 75% Fibonacci retrace level. This gives major credence to this level as a bounce point and bullish swing trade. I think it is also important to understand that the stock has not fallen on bad news, but more profit taking. That is a big distinction and why I will be looking to buy Restoration Hardware at $50.00.