Bearish on the weekly chart.

Weekly chart with bollinger bands revealed a spinning top just under the middle band on an established downward trend. January $14 long puts are looking pretty tasty. My exit target is $11 please do your own DD

تعليق:

Next support level is $13.30 but it is weak. Follow through should bring S2 around $12.75 which happens to be the 50 MA. All the way down to $11 from there before retracement.