Bearish Triangle / SPAC Time is Over Short

PLBY Group, Inc.NASDAQ

Description

⋅ Apr 27, 2021 7:42 PM

I believe this is going to fall hard tomorrow... the SPAC period is over tomorrow and institutional shares can be sold as well as a bearish triangle is forming.

Trend Analysis

Comments

rgcusani

⋅ Apr 27, 2021 11:02 PM

They just announced this morning a brand-new SPAC deal that looks more promising than their previous attempts, FYI.

davidgnau

⋅ Apr 27, 2021 11:13 PM

@rgcusani, I did not see that news we will have to see how it plays out a little

rgcusani

⋅ Apr 27, 2021 11:22 PM

@davidgnau,

Yup...cool 👍