Price seems to have peaked now, and shorts may get a new possible and profitable trade if price falls below $117 Feb-April support line. It could also fake and trap bears but expect a tight range at worst $117-$120 but still any upside pop will be added value for short sellers. If you are not in this trade and planning to short, make your stop loss at recent swing high at $121 area with target price $105-$107. Join us woowtrading.net
QuantitativeExhaustion
that was explosive. Might want to consider that short now
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