Long
IOP not done, Best is yet to come
Updated
Capitulation has been massive on this one. RSI returned to pre-run up levels. Sellers getting exhausted. Hard to tell if the fire-sale is over but another run up is imminent. A little patience on this one. Wouldn't be surprised to see another ATH this month. Good Luck!
Note
Nice 30% run up today. Previous support of 6800-7000 is new resistance. First swing at it didn't hold but I suspect the 2nd shot will break through. Good volume on this move. Looks to be forming a descending wedge pattern which is bullish. Don't let it fool you.
I'm holding my core position as I see more gains here. Good luck to all!!
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