Pretty good trade location for shorts. Right now in a pocket between 61% and 78% of a previous bear move.
Bear divs on daily, and on 4 hour. We had 4h RSI breakout, and price action breakout, but it seems more like a fakeout, liquidating all shorts up there.
Also price is now at the horizontal resistance, and upper fib channel.
A lot of talk recently about $EDO...