A lot of people seem surprised by today's price action, but this is EXACTLY what I was talking about in my previous posts.
I've been saying from the start that a squeeze doesn't happen in a straight line. There will be red days. There will be pullbacks. There will be people posting "is the squeeze over?" every time the stock dips.
The question isn't whether LFVN has red days. The question is whether LFVN continues holding key levels and applying pressure on the shorts.
If we want to see $15, $20, or higher, we can't panic every time the stock has a rough day. That's exactly what shorts are hoping for. They want people to lose conviction and hand over their shares. As long as we're defending important levels and the overall trend remains intact, I don't see a reason to abandon the thesis.
I've said it before and I'll say it again:
Higher highs and higher lows are what keep pressure on the shorts.
If you're bullish, stay patient. If you're not, that's fine too. But nobody should be acting shocked that a volatile squeeze candidate had a red day.
The fight isn't over because of one rough session.