If we continue to reject at this resistance, then it's likely that we'll at least see the $56 target on the downside, but I think the $44 target is the most likely area to see a bounce.
Bulls should enjoy a 50%+ drop from here. You've been warned.
Trade active
I bought some $50P for 5/16 as some lottery tixNote
Bought 9/19 $50P for the core position hereDisclaimer
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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.