Everyone is waiting for $ALLO to dump.
That alone doesn't make it a good short.
Momentum remains strong, buyers are still active, and the breakout structure hasn't been invalidated.
Could we see a pullback? Absolutely.
But until the trend starts weakening, betting against strength feels like the riskier position.
For now, I'm still targeting $0.50+ on $ALLO.
Strong trends usually last longer than the crowd expects.