I'm expecting this to pull back to support/VWAP. Target around $50. That may get there on a reversal impulse before the end of the trading session.
As news hype came out yesterday feom Cramer and some news articles, retail typically buy in and smart investors use the new liquidity to exit larger amounts of shares at nice prices. That's often followed by a stand off in lack of buying which results in pull backs.
As news hype came out yesterday feom Cramer and some news articles, retail typically buy in and smart investors use the new liquidity to exit larger amounts of shares at nice prices. That's often followed by a stand off in lack of buying which results in pull backs.