Bad wedge
Looks ominous, however a lot of strange things have been moving this stock. Obviously it's a meme but sometimes technicals get these right.
Using strictly the 80/20 rule I put this at 80% chance of downward movement. Probably not a brisk movement at first, but it'll visit $34 again
Using strictly the 80/20 rule I put this at 80% chance of downward movement. Probably not a brisk movement at first, but it'll visit $34 again
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.