Now is the good time to buy this stock. Goodluck
Waiting for price to get in the green box, watch priceaction and short this stock.
I will be waiting for a breakout, as I see the 5th wave is coming aswell as divergence in play
Pros: - Clear head and shoulders - High vertical distance - Nice volume contractions - Volatile stock - Average short interest (1.77%) - Rather close stop Cons: - Right shoulder is slightly higher - No clear longterm trend As you can see my suggested trade setup gives a risk reward of 2:1. If the stock behaves nice and breaks down, i think this is worth a...