Yeah this massive run up has made no logical sense at all except to trap the bull buyers. I scaled out a small portion of my shorts for a loss today but still heavy short on this. If I could call a top this one would have to be a major top. Usually the end of trends and where prices top out are usually the most violent and irrational which might explain the cycle of this trend we have have in GU. Next week will be my deciding factor on whether I scale out more or hold.
All posts are my personal opinion