My Favorite After Hours Dip: Immenent Retrace???
My entry for wedge #2 was $1.76. PT target is $3.08. Right now, I expect a positive retracement given the massive selloff was towards the bottom floor and the pattern last earnings call. Once support levels pick up, this will retest and retrace closer towards today's opening. If I'm right, very large profit turnovers for those who get the dip. That being said, everything I say is on an opinion based basis. Please proceed with caution and do your own due diligence. Keep a close watch.
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