You remind me of crashy calling a cup and handle last year... At that point it broke his pattern, moving higher, then reversed only to drop down again! So, he probably would have bailed his shorts on the rise, and perhaps bought in on the new uptrend, only for it to be a head fake and reverse!
Your "free fall" call has no substance, neither with TA or FA.
If it's charts you follow, please substantiate. If it's FA that you see pushing us down, then well, good luck substantiating that!!
If it's just a case of "they're gonna keep shorting it so it will go down", then you may be right, but you have no clue as to when it may turn on a dime and rise again! Warning: could be tomorrow. Could be next week. There are FA catalysts looming (strong ones too), so risky business imo trying to pick some downwards pips based only on manipulation momentum.
Stick around and let us know how you get on. After a few years here and some solid calls, some here may take what you say with less salt... Takes time to build credibility, don't expect instant respect without earning it!
Good luck with your short-term shorts...
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