Until I see a valid bull case, there's no reason not to open up long puts under $147 on this one. Long term? Sure, I have faith in it - I mean who doesnt respect Mark Cuban... But there's an opportunity to go short here.
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We are likely to see the correction within 2-3 days, as Stoch RSI says. The indicator stayed beside the upper limit for a whole week, which is a proper period to make the price respond to the indicator’s intending....
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Let’s examine the topic thoroughly. Currently, we see a slight correction started from 7120. Under the correction, the price has fallen...
If you've followed the calls made by Citron lately (e.g. short NVDA W SHOP etc.), you'll know that there is big money to be had doing the exact OPPOSITE of what he calls.
Today Citron made a call for a SNAP long, targeting $17.
Get in, make a quick buck, get out. Be disciplined and don't get caught out by a short squeeze.