- Stock got overhyped in media and at analysts also, ratio of sell recommendations on low, ratio of buys (or equivalent) on high (contrarian sign)
- Heavily overvalued, stock is priced for absolute perfection
- Strong reversal pattern: last high came on news of stock split (investor bait, no fundamental value), then hit by heavy sell-off on Icahn exit. Broke down short-term trend channel.
- Heavy negative divergence in MACD and RSI, latter gave strong sell signal (exiting overbought zone)
- Might fill major gap made in April, reaching first major support at USD 480.