The analyst predicts a further drop in SIVE stock price, highlighting a recent decline and a previous warning about weakness below $83 potentially leading to $56.
Parabolic moves are red flags; the stock has dropped over 50% from its high and erased gains since May; previously highlighted weakness at $83 support level with a potential drop to $56.
$SIVE Ah would you look at that (in my best Irish accent) $SIVE has now dropped over -50% from its high and erased all gains since the start of May. PARABOLIC MOVES ARE RED FLAGS And if you chased this above $90, you need to take the lesson. I highlighted 1 week ago at $83 that this was looking weak and it could drop down to $56 This has now happened.
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