Can it keep going? Technically, yes. I see numbers up to $40. However, I'm posting this because I see this idea as far more likely to occur is some form. It looks like a potential top is about to occur. At these levels, with momentum, a drop could take price as low as $4. If not lower, down to $2. It's hard to be bullish on this stock with a chart like this. In other words, I'm saying, I don't know if there is more upside, and if there is, I'm okay with missing it because I'd rather not be wrong and ultimately lose money on the downside. Mostly a question of risk vs reward. I would ultimately be bearish overall. I think the pink zone might see a top and I think we could see trends break all the way down to the blue zone. Current pattern is highlighted.
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At the topside of the current pattern, potential to see a small retracement to decide next move. Breakout of this pattern to the topside can cause higher price action.
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Anyone able to time the sell? You'll want a new chart but the numbers are still pretty relevant.