Someone needs to make a case study on this when the dust settles
People keep pouring their money in, buying “dips”
They have no idea the stock is actually in a downtrend now lol
Some basic tech analysis will show you that we broke an upward trend line on the daily and getting ready to close below the daily 50 EMA 😂
But what do people say?
“Just hold bro. This is a good stock. The next wave up you’ll be good. Just buy more”
Lol
There won’t BE a next wave up
Bag holders are being created right before our eyes
I can’t wait to see what the price action looks like 1-3 months from now
Would not be surprised if I see a giant V with the top being 1250 and price down to the 500-700s and trading sideways lol