According to the butterfly pattern, a decline is looming with a target of $ 11-12, where there will be an excellent point for further overshooting.
Trade active
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They came out of the pattern up. But I still expect a trip down. It is possible after the expiration of the options. All my indicators show that a sharp decline is coming soon.
It seems like the market over performed these last few days. If the price doesn't break above 27, I could definitely imagine it coming back down quite significantly.
Tontine_Coffee_House
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@JohnnyBGalt All the fun will begin after the quarterly expiration of options. So far, everything is going in the forecast aisles.