Last week the seller fought back with momentum, it broke the support level $15.00 and going down further. Normally after a series of drop in price, we will wait until the price normalizes (this is where "short" trader will take profit by buying back). From the current price movement, we can wait and ready to short again at $15.00 area and our target to take profit is at $14.40.
@machintose curious if you ever jumped on board this elevator shaft down?
machintose
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@farmerisland, sorry just reply you now, yes I did, because it was an obvious setup.
The support broke and Support will become a resistance, that's where I place my order.