Having watched it for weeks, this is not a short for me until after May 1st earnings, and only when it starts to drop under $8. Until then, it's been a 100% do not short -yet- stock because of the unreal price action. Too many shorts are trying to catch the dips and while that can be profitable if you're fast, it's also been resulting in a lot of squeezes.

Patterns don't mean anything anymore on this type of runner, as it has had 2 "would be red days" that ended up reversing so strong 4/18 & 4/19, so it was obvious to me to not short anymore. Even if it ends red today by chance, still not a first red day short since it's just up too much, and too many are still getting squeezed. I'm waiting myself even though it's hard to miss out on the volatile moves.

i would suggest simply short on the 2nd or 3rd day (go watch michael hudson interview he talks about this too)

2 or 3 RED day naturally :)