A few reasons why I think the price could fall back 25%+...
- Price is sitting outside bollinger bands
- Larger daily volume came in at the peak of the run, not at the start of the run
- Price moved up quickly day after day on lower volume
- potential dark cloud cover candle today
- yesterdays candle with the long wick suggests distribution. Most of the volume came in the higher price range yesterday just before hourly MACD crossed to the downside.
Note: This is not a buy or sell recommendation. Please DYOR.
