Darkside Pump & Dumps which run under 3 months, before they sell all. Rarely hover, once they stop feeding the emotional buying higher frenzy. They come back to around the starting price fairly quick. It's all about how many shares the VCs have for sale. And if you don't research that number. The exhaustion candle reversal is a pretty good indication as to if they have more for sale or not. Flag stepping up is one thing. You can expect continuation with that. But parabolic surges is usually the dark masters run to the finish. Seen in an exhaustion candle. Red means the retail herd can't buy more higher, because retail doesn't sell in runs and the dark master doesn't have any left to feed continuation.
Premises; you can't buy in higher, if no one is selling. And only big guys sell higher. The pennyland herd buys.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.