Company guided down yet once again but there is +ve divergence in the long term chart. Shark did x3500 risk reversals into the earnings print and sold 30 puts and bought 34 calls for $0.25 for Aug24 this week expiry. Couple horizontal areas come into play in the low 30s and high 20s...
I am thinking an opening washout to sub $30 and then accumulation possibly....
