I think they put a psyche out job on the masses and pushed this one into the hands of retail- accum/dist line show distribution for yesterday and today, earnings were bogus really a miss so this will fall and hard imho -disclosure I have puts
Ya, I'm holding some puts on it too. Things don't add up with the price multiple it's at, given how other semi's are behaving, not to mention earnings were nothing special. If retailers are accumulating, ex-div should start a riot. This thing has consistently pulled backed through history after hitting above RSI 80 too.