Looks like it completed (10) today in accumulation on the 1hr. As expected filled the downside gap at 26.64 into market weakness. 1.618 fib ext is at 25.69 which is right at support. I believe all downside objectives have been met and up we go.
Target #1 - Gap fill at 61.8 which is lined up perfectly.
Target #2 and most likely is 39.45 which is BTI. I would exit for the pull back (BUEC), then reload
Days to cover .95 -> Squeeze. Short interest only 3.55% - but 67% institutionally owned. Giddy up
I swung long May20 $30C's @.56 - I LOVE THE RISK / Reward here. No brainer
Target #1 - Gap fill at 61.8 which is lined up perfectly.
Target #2 and most likely is 39.45 which is BTI. I would exit for the pull back (BUEC), then reload
Days to cover .95 -> Squeeze. Short interest only 3.55% - but 67% institutionally owned. Giddy up
I swung long May20 $30C's @.56 - I LOVE THE RISK / Reward here. No brainer
