Things are starting to look bearish.
Personally, I think this could possibly be a good time to take some profit or sell some premium.
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Yikers : I really appreciate you sharing your analysis. When I look at such a chart for a stock I own my natural reaction is just "boy I wish I would have sold at $123" which is obviously not possible. I hope in time I can see the bigger picture and be a bit more proactive.
SpyderCallOP Yikers: Right now might still be a good time to go short. If you think there is more downside, of course.