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Alias Born | 03/04/2006 |
Monday, November 02, 2020 11:53:50 PM
Look what happened today at the open not just a big dump, but a MASSIVE BIG DUMP 15 mil share in the first min of trading. I repeatedly said do your selling above the 50ma and that the .50s were slipping away. Say hi to the .40s only difference is lack of support. Below the 50ma the stock will seek out support levels, likely in the gaps formed on the way up during the mania phase. Things are going to get ugly and painful for the Long & Stxxxx.
low .20s and .15 stand out in this chart. Dont be suprised when the pps drops down there.
Best case senario pps falls off a cliff drops down to these levels offering bounce plays to the experienced traders.
Worst case senario is the slow dilution bleed offering no bounce play. In either scenario the bagholders lose because thats what they were put on earth to do.
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