Fizz is trading between Fib levels very nicely. There seems to a fair bit of bullish sentiment on Fizz and I am willing to bite but not yet. Waiting for a break of the current downtrend or for the price to move a bit closer to the 0.786 fib.
Whats up traders,
Couldn't think of anything to punny / funny for my title. but most of the explanation is on the chart.
I see this as 100% pure shorting alpha when the timing is right.
Have a look. . . let me know your thoughts.
$FIZZ broke through the 200d ema on strong volume yesterday followed by what appears to be a successful retest today.
See upside to 100 in the near term if 200d holds as support. If it can go on to break through the downtrend line, we'll see $110 easily before next ER.