Ok so the stock is, what, 400% from the February lows. It then had a very clear breakout above 20 and after a further 35% higher it’s made a round trip.
Support makes sense here. Anyone who missed the breakout is now interested… eventually it becomes self fulfilling.
The most recent pivot highs are just under 22. Above that and I”ll be interested in playing it long.
Weapon of choice is the October 25 calls
Stops are tbd… it really does depend on the price action and where the long thesis breaks down.