News Focus
News Focus
icon url

LearningEveryTrade

08/31/22 8:51 PM

#509982 RE: Hopeforthefuture3 #509979

Uh, Duuhhhrrr
Sorry, my bad for not explaining.

What I mean is, if we get good events like we think, price might appreciate fast. Thus, anyone short would need to cover quickly, to prevent a painful squeeze.

The non-long theory is that news will be bad... price will go back to .15, they win for their narrative.

The $5 narrative is to "psychologically" limit the price. As right now, they feel no need to cover, yet. IMHO.