Short
PRTY: The Party is Over. After 5 quarters of trying to break the
downtrend, PRTY is going down again. Today, insiders sold $32M shares. ABC correction appears complete and a new 5-wave down should start soon
Note
This could be a mistake. The selling of shares was a way for the company to buy back its shares from existing shareholders. This is bullish from an EPS angle.Trade closed manually
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.