On second thought, I’m not going to presume another leg down. What’s the point. 

What I do know, is the stock is <1 month away from breaking out of the largest reversal pattern in the entire stock market right now. With a ‘minimum’ endpoint of $80. 

Cup and handle patterns usually take months to form. The time it takes to form is an indicator of how accurate it will be. 

Sometimes this can last up to 2 years. But 3 years? 

As stochastic RSI on the weekly hits oversold… large moves have always followed. Interestingly, for the last 2 years. Oversold is hit on a Monday, bouncing of the stochastic resistance. With a reversal occurring the Monday after, or for next week. Tuesday. 

It’s odd how patterns emerge, but come today I am leveraging up with my maintenance margin at <$23. 

A rise into earnings, and an earnings blowout. Will be one hell of a ride.