they're still playing $65 and $67.50 for today in the options - they just got paid on both - on puts side- and now we'll see if they keep ot close to 67.50 or if they put other strike prices into play for today!
omg, wow, lol, etc, etc,
65 is here. when u first mentioned it, in h&s thread i think, my thoughts were that the 69 support lvl would hold. guess not. yikes! this was a hard, HARD sell-off. down 18% since earnings. what are ur thoughts on monday's price once options ex is out of the way?
well, that $65 level is also the right side of the head of the BIGGER head and shoulders pattern on the chart. so if THAT pattern plays out, then scty should go back up again to that $70 zone to create the right shoulder of the pattern - that would mean going up to $75 to $79 in the coming weeks - and then rolling over from there to go back down to the neckline of that pattern - that is at $61 area. but there is still a gap to get filled at $59 area too!
and the price target of the head / sh pattern that got completed yesterday is for $50. so, we;ll see i guess if that price target happens - it won't happen until may or so - if it does.
so, that's what hould happen from here IF that bigger head/ sh pattern is going to continue to form!