it's going down HARD.
(an INCREDIBLE amount of propping up going on at that level..!)
breaches .75, closes in the red.
I completely agree this appears to be stuck between 28.75 and 29.00 VERY hard right now. If either break, it will move quickly.
Let's see how long it can hold either end. One has to give in.
BREACH OCCURS IN T-MINUS 20 TO 25 minutes.
[i.e., 1:20pm est to 1:30pm est]
you don't think it could go down due to highly inflated pps? poor business model? no earnings? huge increase in expenses? decelerating userbase? boredom with the product?
well... did not bleed out, but looks like it will close in red. (covered my little short day trade.)
$28.40 is FREAKIN IMPORTANT monday !!