TradingView
hockeysniper
Sep 29, 2019 12:17 AM

MTCH possible head and shoulders, high short interest Short

Match Group, Inc.NASDAQ

Description

MATCH possible head and shoulders on daily chart, high short interest at 45%. Below $69.9 would enter short with puts. The lawsuit is over fake accounts duping customers into buying subscription. This was similar to MEET stock couple years ago, where they had fake accounts or rumour of using site for sex workers. My stocktwits @hockeysniper
Comments
tradethefifthcompany
Potential 5th Wave long if the current support holds and goes through the high of right shoulder. But not high probability. We will look for a Short breakout, wave 4 failure next week
More