Shares of Micron Technology (NASDAQ:MU) (MU) were hammering into a daily double top Wednesday after rallying 35% in just weeks. This is partial fake financial engineering due to a massive share buyback but is also happening because of a piker cult following of the stock that drives it higher as small investors chase in the upper ranges. Ultimately, the charts tell the truth and the truth is a double top after a massive move like this has a 80% chance of falling hard. In addition, after posting a short on the stock on Twitter, many average or sup-par average investors told me I am crazy.
And that's exactly what you want to see to confirm that your analysis is correct.