It's on it's second red day below the 50 MA on the daily, and 4th day of red overall.
In addition, the cloud support from the Ihcihmoku is minimal, and would likely be blasted directly through, all the way down to lower MA or support.
Bearing in mind that this is a heavily manipulated stock and thus this certainly is not a sure deal, I think it's primetime for the bull manipulators to get out and protect their extremely massive profits, this could be going sideways but I doubt it, and I think the R/R is too big to ignore. Especially since every shorter in the market is aware of this stock, and is awaiting confirmation, which I think for many will be the 9/20 cross confirming all the other indicators along with it.
I am short via options and a normal short position, I plan to take profits around $48 with the intention of re-shorting if the bounce paints a bear div confirming further down.
If these stays sideways all month I will likely exit with the intention of finding a good entry on a very long term option (6-12 months).