BrecherTrading

Huge move coming in FIRE.

NASDAQ:FIRE   None
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2
FIRE has a huge triangle, which measures 16 points either up or down.

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@JR what is your take on next move?
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Well, I like this one for a big move as it was pointed out in the chart. Currently I own more call than puts, but I think I'll settle it with more deep puts. I don't like this stock going into earnings.
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@knock

Are you thinking about taking a position in FIRE? If so where do think the money will be made?
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knock QuantitativeExhaustion
It looks like forming a Bat harmonic pattern, so I expect a downleg to 31 (161.8% of the yellow line you drew), to complete the pattern, and then go up.
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short % of float near 20%
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More chance to go down to form a nice bat pattern. Thoughts?
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