I am not sure if there is good news on the horizon or not..I just looked at the chart is all so far..I now see a ..
Short interest is a bit high on this one..not sure why but I do respect their opinion..
Perhaps they are expecting a throwback..dunno..there was a narrowing but looks like GRUB has bottomed from the pattern..I hesitate to press LONG..but I am..despite the shorties opinion
Do some research and have a plan..a good plan is one anyone else who trades can look at and reproduce your trade...
Not a recommendation
The pattern can resemble but has 5 legs and has 4 legs. Goal is to catch stock at it's low. It is a measured move down pattern