Reason : At $113 correction move will become exhaust and new fresh down move will triggered up to $85. This move will be final one to end down trend in this stock. Post that, stock will based and become ready to sky rocket & make a new higher high.
Timeframe : Long opportunity prevails 3-4 weeks. After that, Short move will be initiated for another 3-4 months.
Trade closed: target reached:
Booked profit as closed partial position.