Note: Bulls - we could have bottomed for wave 4 already - or Bears -we are in a complex correction that could go as low as 91 a share. As of now I favor the bear count (shown) meaning pump then flush again. But that changes the second downtrend is broken
Right now this is ripe for swings on both sides (long and short), but be smart about taking gains until the downtrend line breaks.
Highest probability trade here is to draw the downtrend line channel and alert on it - breakout buy half position - retest load the other half. PT 125+ here soon
Stock was pushed up by short term options, they keep piling massive money in to weekly options and this brings the stock higher, it is going to crash once options get too expensive.
Do not be the one left holding the bag, its a $45 stock
Do not be the one left holding the bag, its a $45 stock