Lots of other technical risks showing up on its long-term chart too. One huge red flag is the huge shoot-up that it had (green line emphasizing it). That tends to be indicative of the last part of an uptrend, too positive of sentiment and a blow-off rally that leads to a much larger decline overall. If that’s the case, it could unfold like this.
Reply To: SO Long callsSean Hyman2020-10-05T13:17:24-05:00