What gives you an idea that the line of least resistance is down? In my opinion shorting opportunity has already passed. No need to chase the bus, better to wait for next one also, In my opinion... not good to ask others for opinions on where the line of least resistance is. I think it often results in psychological conflicts. Better to have rules and to stick to them Andy
Shorting it on Friday below the 9/8 low might have been nice. But then yesterday it had an outside day or bullish engulfing if you're into candlesticks, on higher volume. It seems too iffy right now.
Do you all remember when Jesse Livermore was talking about a wise old guy talking to a young guy. Old guy buys a stock based on the young guy's information. Young guy exits his position but the old guy stays in... Bwahahahahahahahahahahahahahaaha
it was a bull market Jesse also said never say it's a bull or bear market, but it's ok to say that the line of least resistance is up or down...