Here is the Price Target we will most likely in Monday - Wednesday. 50 Day Moving Average is creating support for the downtrend, and once the price dips right below it, it bounces back up. 50 DMA is expected to be around 441.50 and the lowest price we should reach is 439.50 - 441.50. If we take a look at the Short Squeeze Momentum Graph, we can see that we are in the red levels, which means we should expect red in the coming days until we reach green. Also, we hit four negative days in a row going into five. If we go into five which we most likely will, it will be a first time in 6 months we hit five consecutive days going negative. If we take a look into the RSI, 2 Hour Graph, we can see that it's almost oversold, we should expect the RSI to hit 20-25 considering this is allegedly the most volatile month of the year in the Stock Market. Once it hits the oversold levels below 30 going into the low-mid 20's, we should expect a huge bounce probably to the overbought levels. As for the actual chart, it's hard to say this but, if we do, theoretically bounce on Monday which we probably won't, we may create a Head and Shoulders pattern. If we take look at the chart and focus from August 23rd to now, we can see that it already formed a shoulder, and it already formed a head. If we bounce on Monday, we will most likely form another shoulder and should see a huge sell off.
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