We pointed out the big picture bearish pattern in play here on Monday. The stock immediately triggered that pattern to kick off this week. This is a heavily shorted stock given the headline flow. But the larger issue of a badly injured corporate brand remains operative. We remain bearish.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.