5 waves followed by end of ABC correction wave because it reached a level on fib pull back
Kommentar:
Price jumped on earnings.
it's been shorted pretty heavily. so I expect a small short squeeze that will push the price higher to the $13.5 - $14 target.
Can start unloading at that point and buy back later.
Def. keep some position cuz it's a good company to be bought out by some big brands.
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it's been shorted pretty heavily. so I expect a small short squeeze that will push the price higher to the $13.5 - $14 target.
Can start unloading at that point and buy back later.
Def. keep some position cuz it's a good company to be bought out by some big brands.