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Wednesday, March 31, 2021 10:20:19 AM
We're tradingway above the 50dma.. I'm happy, all the technical indicators are a go... $INND has strength
THIS X 1000 folks !!!
INND ran a LOT the past few days - it's natural that the MM's are going to use the psychological .03 magic number to duke it out a bit and cover some of what they had to short sell as inventory on the way up -
ALL even numbers such as .03 and .04 and .05 are psychological barriers on any stock in a major up-trend move and "used" by MM's as a total tactic to short-n-cover and reload their own inventories via scaring up some dump money sellers in combo with some naked shorting of their own.
INND major catalysts haven't even hit "yet" but these next few weeks are going to be a firestorm of one after another - watch the show:
Posts contain only my amateur opinions, personal views and thoughts. I discuss stocks as a hobby only. Always do one's own due diligence before investing.
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