Downtrend breakout got rejected Thursday and then again on Friday. Look at the volume from last fall and compare it to now. look at how much volume it took to break above fib .786 December 23rd. Unless you can get the entire WSB forum to buy this stock, its toast.
%15 short interest. The hedge funds have been targeting all of the retail trader favorites (Plug, BE, Fcel).
until it can get back above 11.13 (Fib ext .786) I'd stay away from any bullish trades
Lose your opinion , not your money
%15 short interest. The hedge funds have been targeting all of the retail trader favorites (Plug, BE, Fcel).
until it can get back above 11.13 (Fib ext .786) I'd stay away from any bullish trades
Lose your opinion , not your money
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.