Moment of truth for tech stocks. Several unfilled gaps below. Daily RSI broke 70 and retested. Looking for momentum shift towards downside as more store closures due to cv19.
Currently looks over-extended at $18.55. Last time price reached these levels were in the early 2000s. Based on the current market structure, recent double/triple top formation patterns, and Elliott wave there is a chance that this stock sees a massive pullback to $17.50. If it breaks support here, then looking for next support around $16.50. All of this can...
