We have a breakout of the long term wedge and while that should have been enough to draw people in and propel the next leg up, volume lacked with an astounding 70% off-exchange volume percentage average for the week. Algorithms appear to be running the stock and I believe we will be repeating a breakout similar to the late August run to $52, in the coming trading days. Just an observation, NFA, I am long and holding with Diamond Hands.
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.