A technical probability after a stock has a momentum selloff or buying spree like yesterday in #RLFTF resulting in a greater than 10% decrease or rise is the following day there's is greater than 85% chance to retrace 50% of their previous days loss or gain. As it did this morning when it retraced back up from $0.5300 to $0.6000 then consequently retraced back down to $0.5700 and it now retracing back upward...
It has nothing to do with you being "Right" or a P&D or the News. It has to do with technicals, and rational thought calming the market overnight.
I know there were at least 2 people on this board that cut their positions when he announced 102 patients enrolled yesterday. Me and Kiwi. There has to be more out there like us.
I do agree there were a lot of fomo day traders involved as well. So it was really a combination, IMO.
After reassessing everything my plan is to refill my position over the next few weeks.
News 
Market Data 
Discover 
AI
