I shorted this garbage yesterday with a $5.20 gap fill target which was hit on open this morning. Now it looks like it broke upwards out of the pennant and headed to $5.5 - $5.65, at which point I'm betting it scrolls down to the downward target of $4.9.
A lot of other garbage stocks have similar patterns and it looks like $NDX has an inverted H&S pattern going
A lot of other garbage stocks have similar patterns and it looks like $NDX has an inverted H&S pattern going
Comment:
Never broke upwards, and I think it hits my red target tomorrow
Order cancelled:
No idea WTF this crap is doing, bought puts yesterday, flipped them this morning for beer money. Literally, I think I can buy one case of cheap beer, lol.
I made bank Wed/Thu so we'll call it good
I made bank Wed/Thu so we'll call it good