You can clearly see our tapered buying continuation purple (newly introduced to this chart). This is what is guiding price right now and will most likely be where price wants to go:
This is for 2 reasons:
1. We still need to prove sell-side tapering away from teal by showing orange support.
2. That orange support and retest lines up perfectly with our purple...
I am bullish on this stock longer term as most everyone is but it's rare to have a clear short opportunity to capture the pullback - and with the 5day and 20day averages sitting so close this could be our shot.
As always, keep you posted with more analysis as price develops!
Happy Trading :)