We are sailing now!
Perfect short at 80!Nice bounce to the 38% fib...now its time to head south
hate to say it but looks like this is exactly what happened! shorts rushed in! this stock is too volatile for serious investors at this juncture! i wish i'd had sold at $80 now!
Should do at least a Fib 50% retracement
I think the stock rebounded too quickly. Need more consolidation. If it goes up more next week it will stumble later. All the market needs a pause. Otherwise we will see another flash crash but more severe.
I don't know what's going on but I like it!
just a good old fashioned short cover rally! oversold conditions! enjoy
We made it to 80....next stop 90.