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Re: Don'tDrinkTheKoolAid post# 162184

Saturday, 11/24/2018 1:49:13 AM

Saturday, November 24, 2018 1:49:13 AM

Post# of 429261
Good call on the close above $19 :) I thought that they would close it under 18.50 and screw over the 18.50 and 19 strikes for sure. Bodes well for next week anyway and a move back up into the low $20's.

I think profit taking starts the week of Dec 17-21. Should bounce off the resistance around $23 and start trending back down towards slowly $14 after that. Too much volume down there at $14-15 for them not to re-test that area and pick up more cheap shares. Still a gap in the low $16's between 16.28 and 16.12 that need to be filled also. I'm think by the end of January and February. Should start creeping back up in March towards $20 again. After that in April/May it will blow past $24.

What's your thinking?
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