well he's likely just going off technicals, just based on his...

well he's likely just going off technicals, just based on his little sign off nod to mr Bollinger himself.

Bollinger bands are a tool that is based on the principal of mean reversion. Given his indicated price target and a romantic attachment to mean reversion, I'd say he thinks we are about to repeat the prior trend

I personally think that the game has changed a little too much over this period to make this call (e.g. we now have a submission with the FDA and a few new types of traders on the block, albeit with GG possibly still gobbling up (I think he still is based on my theory that 400k~ shares on the bid each day is them)).

If i had to join the tea leaf reading club: I can see that we did a little bit of a mini elliot wave pattern to the upside, so could just be some pullback with maybe a dead cat bounce to go before taking back off again. i'm just holding either way now and good luck to traders