- Rejected VMA at 24 and now showing signs of bearflag on daily.
- Early to call, but any push above hear and below VMA (black line) should be treated with skepticism. In fact, it'd be a good spot to short with the S/L just overhead at VMA
- If it can close above VMA, then watch for continuation to 30-32 before pullback.
- Disclosure: I am long at 20.90, will give it a couple of days with breakeven stop loss if the pricer moves higher or 20.50; whichever hits earler.
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