Looks like we are approaching the tip where the trading range narrows. Usually, there is a strong move when it breaks the wedge pattern. It's hard for me to tell which way looking at the charts. The downward and upward trendlines look symmetric. Any thoughts? Avoid until a clear trend emerges?
I think we are still 3 weeks of consolidiation away from a big move (either up or down, im guessing down though, unless theres some news). Remember, I am 100% bullish this stock, with shares and LONGTERM calls. That said, there is no catalyst for this stock to move up!. Simple as that. Everyone with 525+, and expiring before October, will loose 100% of their investments, bank on it!