I think he meant bear trap. Either way being at this part of the bull run is amazing. A lot bought in with an average way above. The short sellers or those who bought in early asf who’s comfortable with the profit they already made when it peaked a couple hours ago are being weeded out and/or panic selling. Soon it drop below 24-26 cents before shooting up again one last time. That’s where most profits will be taken and where the real fun begins. Don’t leave the party too early and don’t exit the party too late
CleanBaldy on
As soon as this red starts to show any green, I’m buying more. It’s a classic psychological line at 30 cents, and then weak hands saw a red candle and sold as sell volume started.
With how much momentum its had the last 3 days, and volume of buying doubling, this is going right back up…
Hopefully I’m right, because that would mean I’m actually learning how this works! ha
4 Comments
Beartrap
if it’s a big bull trap why hold the line?
I think he meant bear trap. Either way being at this part of the bull run is amazing. A lot bought in with an average way above. The short sellers or those who bought in early asf who’s comfortable with the profit they already made when it peaked a couple hours ago are being weeded out and/or panic selling. Soon it drop below 24-26 cents before shooting up again one last time. That’s where most profits will be taken and where the real fun begins. Don’t leave the party too early and don’t exit the party too late
As soon as this red starts to show any green, I’m buying more. It’s a classic psychological line at 30 cents, and then weak hands saw a red candle and sold as sell volume started.
With how much momentum its had the last 3 days, and volume of buying doubling, this is going right back up…
Hopefully I’m right, because that would mean I’m actually learning how this works! ha