Simple FIB retracement.
Given that the stock is in full breakout mode and Gene Munster came out with a $900+ price target, $500+ per share is less than 10% away. If it can hold $500 and markets continue melt-up, it could go higher ($700?). Do not short.
Given that the stock is in full breakout mode and Gene Munster came out with a $900+ price target, $500+ per share is less than 10% away. If it can hold $500 and markets continue melt-up, it could go higher ($700?). Do not short.