Tuesday, December 16, 2014 10:28:30 AM
More importantly- this happens to stocks. NITE halted yesterday with a wall at .0008. Sold off some and into his own bid at lower prices to drive the price back down. Others sold and took profits. Level 2 did not show a lot of dilution patterns yesterday.
Been here before countless times and my posts yesterday reflected this sentiment. It has dropped with the RSI resetting and coming back down to reality. Settle the pps and build a base with support. If it can hold these levels, then it is already set up to move up higher on the next run.
People sometimes mistake a pump and hype for interest and momentum. Momentum runs out eventually and often times at the hands of MMs who know how to play the market well. Reset and move back up soon.
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