Gonna be traded everyday just like all issues....the nature of the game..This one is so sweet I would not take a chance. Just wont get your position back. That bottom red SAR dot is the best indicator of impending upswing...
T2T2 I’m assuming you’ve been on the block longer than most here so this is for the READERS OF THE BOARD.
The better the traders the higher the price can go.
Really good Traders working a transaction will be able to help provide support and push through resistance as they understand that their core is the main position they trade.
They have no problem using 3-5k to push through Resistance knowing it helps the core position. Only to recycle that 3-5k back to be able to do it again at higher levels.
This is actually how the chart gets your “ebb and flow” and why it makes the patterns they do.
You can only imagine when theres more than one working the game.
I’ve seen three with money take a stock up and hold it there for about a week and that ticker had no justification for pricing.
When the pros see a security that’s workable like this one, they will take full advantage of buying dips and pushing through.