Last year , April 13 we recommended this stock at about $12, frankly for no other reason than that it had beautiful EW patterns, doing exactly what it was supposed to do, that is break down to the 4th of previous degree and then rebound. Then I suggested $17 to $18 (always a minimum) and have not done anything with it. Again, in EW terms a 50-62% retracement is “normal”. We are approaching the upper end of that range and consequently would sell now or at the very least put a stop-loss just underneath its present value.
By the way, I still do not understand why so many people pay so much for so little, but that is beside the point.