This is a classic big blow off top and reminds me of many companies that eventually churned and turned down very fast as quickly as they rose.
So here are the targets based on trendlines, $70 by end of November, $60 by end of December, and $50 by end of January 2013.
My target is to cover in the $70s. Shorted @ $120.
So here are the targets based on trendlines, $70 by end of November, $60 by end of December, and $50 by end of January 2013.
My target is to cover in the $70s. Shorted @ $120.