Sort of a double top and lost 30 minute trendline support.... Volume by price suggests could drop faster if loses 1177.
Right up to descending TL... then down again... most likely.
Breaking daily down Trendline resistance... Nice bottoming look setting up for reversal.
Beautiful breakout setup nice volume pattern. Bull flag set to bust a move.
Keep an eye.. for follow thru
Nice risk/reward IMHO into earnings on 11/20 on this heavily short play... Setting up by end of week IMHO... Nice pivot point to go long if confirms move and close over 60.
Nice risk/reward IMHO into earnings on 11/20 on this heavily short play... Setting up by end of week IMHO... Nice pivot point to go long if confirms move and close over 60.
At trendline support. Like it long here. with stop below 14.90
Keep an eye on this heavily shorted name looks ready to make a move. Most of recent down move was on IMHO unsubstantiated bogus comments.
Keep an eye on this heavily shorted name looks ready to make a move. Most of recent down move was on IMHO unsubstantiated bogus comments.
Breakabove channel is bullish. Break below is rip your face down to gap fill. Otherwise its a descending trading range for now.
Definitely one to watch tomorrow. Given down trendline resistance is gone.
Look for entry at key support area now. Or at down TL support short term. Or play breakout.
Long view: Expanding volume. One to watch over 32.18. Consolidation down here w/2 day expanding volume. Holding up in market flushs showing relative strength and support here. Short View: Below 31 this looks shortable to 29s or lower. As the bear flag here in that situation may not get a lot of love from the longs. Either way this one is heavily shorted so...
People were so bullish for a while due to these divergences... but price action kept telling the story IMHO. See where divergences broke down.
Notes on chart. Like over 12.25 a lot.