This could easily head lower if there is more weakness with the meme stocks. However, I feel like they might come back and do the same thing and rip all these stocks. If that does going long where the price is at now wouldn't be too bad. Will have to watch out for how much premium I am paying if I do decide to trade this. I know I shouldn't trade daily expiration...
If it breaks below the trend line I will stop out. Once this breaks through the red horizontal line this should get moving pretty quickly. Opened pretty low today and had good price action but it did kindy spurt out near the end of trading. Fibs look really good on this chart as well.
What a move today in GOGO! Broke above the weekly channel. I took some profits on Mar 13c. Will look to re-enter this one when a good buy zone presents itself. This might get crazy like GME.
