This will be a long term short for myself. We have the left side of a bearish bat complete. A rising wedge with volume completely confirming, since the start of the wedge. Negative divergences across the board. If we break down out of this wedge lower prices could come quite quickly. As of right now it is down $13 after earnings in after hours, so we shall see what occurs tomorrow.
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climbing_stars
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Extreme short covering today. Double Top, Bearish bat complete. Volume is concerning, but it's PCLN = extreme volatility. Not to mention RSI is officially over 70 now and usually every time PCLN gets overbought it gets blasted down. Let's see how Monday plays outs.
Extreme short covering today. Double Top, Bearish bat complete. Volume is concerning, but it's PCLN = extreme volatility. Not to mention RSI is officially over 70 now and usually every time PCLN gets overbought it gets blasted down. Let's see how Monday plays outs.