I am certainly not the first to say this, but this type of run-up typically does not end well. It has a similar setup to KODK back in 2020.
This type of trade needs volume to continue to push the price up. If volume continues to fall , I will start a short position (1/2 of what I usually do) targeting a drop to $100.
This type of trade needs volume to continue to push the price up. If volume continues to fall , I will start a short position (1/2 of what I usually do) targeting a drop to $100.
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Out of principle and respect for the WSB guys - I will not short this trade.