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48 could be a possibility. However watch out for that inverted H&S pattern which seems to form. If that materializes the advance could be drastic (head to neck line measurement).
Point taken and accepted. But, I'm also considering liquidity issues and if it contracts, this one is dead.I like the odds on the short side. The street knows this is a fluff play. Timing is my only concern, but fundamentals support a short to zero.
Right now it looks more like a double top to me.