Long view: Expanding volume. One to watch over 32.18. Consolidation down here w/2 day expanding volume. Holding up in market flushs showing relative strength and support here.
Short View: Below 31 this looks shortable to 29s or lower. As the bear flag here in that situation may not get a lot of love from the longs.
Either way this one is heavily shorted so breakout could move fast. (Note heavily shorted stocks are often heavily shorted for fundamental reasons).
Short View: Below 31 this looks shortable to 29s or lower. As the bear flag here in that situation may not get a lot of love from the longs.
Either way this one is heavily shorted so breakout could move fast. (Note heavily shorted stocks are often heavily shorted for fundamental reasons).
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.