Why EFOI isn't done

Trade alert: this one is likely going higher

TGIF Chupacabra!

I’ve been watching

I’ve been watching EFOI all day and I don’t think it’s done.

The bull flag consolidation at the 10-day EMA is tight and suggests further expansion.

Range on this is $8.50-$10 but it’s light on its feet, could rip those fast.

If that happens shorts will panic into the close and it goes parabolic.

I think this could be a good ride into the close / Monday Mover.

Game plan:

10,000 EFOI at $7 ish

Stop = $6 ish

Upside is a $10 breakout and trim and trail that monster.

No bag holders here, trade disciplined but if it runs, I’ll let it ride.

So why isn’t it done? On Friday’s shorts get trapped and they are looking for an exit, if the stock turns up, which I say yes to, they get squeezed! Don’t you want to squeeze some shorts intro the weekend?

And if you missed the UPXI alert, well, pay more attention. Disclosure, RB owners are CEO / own UPXI.

Results not typical. Trading is hard. Nothing is guaranteed.

Let’s fucking go!

Eat. Sleep. Trade!

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