One might assume that a short position would be worthwhile. However, I am bullish on this stock.
It could be the breakout of the falling wedge. The market is also too volatile for me for long leverage.
I continue to hold the stock.
RSI is sky high. Im hoping for a correction to MA 200. The two resistance prices could turn into support.
! Keep in mind, this could be seen as a double bottom (W) bullish pattern.
I am hoping for a correction and i have a small open short position right now. If it goes down to ma 100 or below in order to correct the direct upward move to 100, it should test 100 again. It might turn 100 into support.
