Maybe I'm wrong, but I see risk to the upside if the stock continues to hit resistance at $50 and stays above $45.
JL162636
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The market is fluid. Reason for my Bias opinion is because the general outlook of the market.
Seems like the market doesnt know what or where it needs to Do/Go.. Dow, Spy, Nasq, RUT,
You name it, it problably wants to go lower. but main 1 is Energy section.. i understand SCTY is solar but its still in the energy section
and although solar is the future the old ass dinosaur USO, WTIC ETC they lead the market and own most of the market share
so there for they make up most of the trades in energy section.. all my opinion i could be completely wrong.