(Opinion) #WallstreetBets
Cathy back to her shannigans. (Opinion Only)
Still hasn't regained the pre-covid level. This recovery play has room to run. Much better chart than AMC.
Bias is to the downside, but be flexible. P/E = 140+ Guidance will be key on earnings. Will be difficult with rising rates. Covid winner - So I'm a seller..
Cathy will likely be a seller here among anyone else smart.. (Opinion Only)
(Observation only)
Same tactics in every stock she owns. Careful on this one ahead of earnings next week. I'm a seller here. (Opinion only)
Market could go either way. But Vix didn't spike..
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Cautiously Bullish from here into close and into next week. (Opinion Only)
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(Opinion Only) -Goodluck
However; it hit the longterm trend support. Showing a nice reversal candle so far today. If holds the 50day MA stay long.
(Opinion only) - As long as $405 holds on SPY.