Both standard deviation and Bollinger Band width are dropping to the low levels of June, which was just prior to the BIG 4 week move from July through August. The same could be said for many other stocks.

So for now, it looks like this stock is going to tank, but it could bolt to the upside too (just like it did in June). Wait to see which direction volatility is going to take us.

That being said, June breakout to the downside was a major bear trap.

Perhaps this time will be a reverse image of that. We could break out to the upside briefly (for a week), and then reverse and move south.

Time will tell.