Dude, that is within the daily range of volatility. Why would you bet on such a small move. Let's make it more interesting. I say it will touch 85 before 60.
85/60!? What I have to give you a handicap here? And even at 85/63... hell this is a traders website... not grannys farm down on the plains of Texas cowboy. ATR(250) is $1.63 and ATR is always higher that ADR .... So lets go $3... $71 before $77. I can taste that steak now.
I'm not betting on random noise. The bet is 85/60....stocks fall faster then they rise. Take it or leave it. You think this stock is going to zero. Hell 60 is where we were only a month ago. What are you afraid of?
OK, the bet has an expiration date of 7/4/2017! It goes off the books then. So 6 weeks...what do you say Zany?
I say thats a useless bet neither of us will win. How much fun is that? Come on Tex... get in the game son. Its going to $100 right?