Stop........ stop........ stop........
Your attention is needed for just 5 minutes.
Guys… something is changing here 👀
$RAVE is starting to look weak now.
Look closely…
It has already taken 3 pullbacks…
and every time buyers pushed it up again.
But this time feels different.
Spot volume is clearly drying up…
Retailers are exhausted after chasing “short, short” again and again…
And now?
You can feel it…
Profit booking has started.
This is how trends end.
Not with noise…
but with slow weakness first.
I’m taking a risk here.
Because without risk… you don’t learn anything in this market.
Shorting $RAVE here.
SL: 16.1
TP: 8$ (and lower if downside continues)
Not saying follow me blindly.
This is a risky setup.
But if this weakness continues…
this move down can be aggressive.