Don't believe that it is breaking down, but continues to be weaker than overall market. Has good track record for previous times that it has broken 50day ma. Cautiously long with May $500 calls
Note
Chart shows 1 std dev linear regression. Note: current price is falling outside of 2 std dev channel.Disclaimer
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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.