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la_trader

05/19/20 3:40 PM

#94652 RE: James1975 #94646

because there is still more supply than buyers. must eat through the 0001 stuckholders looking for sheep exit, and then 0002 1-tick flippers looking for lunch money. after that, if we get through that, it will push because the first two groups won't be able to afford to buy back in at 0003+ in any meaningful size. stronger hands take all the 0001-0002, supply dries up, price pushes.