See chart. If it closes below or around 24.50, forget it. The dip it's doing atm is buyable down to 24.66. Now at 25.05.
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I noticed in pre-market SFM hit 27.69. I need to let my pendulum know that only RTH counts I guess! DANG. That's not helpful if you need to get out of options. Anyway, poor SFM is at the lows down 5.8% atm (2:44) with no end in sight. I do believe this is setting up for a longer term short now. I will write it up after we see how it closes.