Focus on RSI
, which is very revealing, and daily closing prices. See two green lines on chart. Also around 90-91 is monthly support. This stock could drop
to 87-90 range, but a move up - even if temporary - is coming when stochastic
start turning up.
See hourly and monthly charts as well.
Use less capital. Hold overnight for best gains. Use trendlines
on your charts. Be willing to take losses on calls and switch into puts if more downside ensues.