Good entry if close above yesterdays low $546. 2nd Reversal above prior day low in past week. LT target is 600+ but good idea to trim or sell around $575-577 if swing trading which is what I propose. Cut losses quick around 535-536.
Retracement was drawn to low, but idea is its around a 50% retracement of current move. Also fib extensions help with targets.
Seeing others thoughts. I've been burned by this stock several times. and Clearly is very broken stock. Shorts are starting to flee, but still heavy short interest. But I see it very attractive at these levels if break $ 51, or maybe i missed it already the swing trade here.. another resistance around 54. it at a critical level regardless. may even be...
