Apr. 22 at 12:04 PM
$PATH clean break over
$11 yesterday. Macro pulled us down, but software is def uncorrelated from semis now. Some resistance around
$11.20 near the 50 SMA, but blasting past that and options are positioned beefy at
$12. We held the line w/ a minor gain. MACD and RSI look bullish. Holding over
$11 today and tomorrow and we’re back. My PT for today is
$11.50.