$X

$X

  • Stock failed to make higher highs, then started to trend lower
  • a break at the ~14 price level led to a selling frenzy
    • shorting at~14 and covering at ~13 are the ideal trades to look for
    • take note of the lower highs after the high of day and the VWAP(purple) rejection
  • Price held at the high of the 15 minute opening range and ended the day in the green
    • Since it ended the day in green, it is probable that the stock may go higher even though it looks to be getting heavy

Intra-day 1 Minute Chart:

Capture

Daily Chart:

Capture

Snapshot of Fundamentals:Capture

Leave a Reply

Your email address will not be published. Required fields are marked *