Posts  / LFVN  / #POST-235967
REDDIT

$LFVN discussion about $11.00 resistance

Some of you have also noticed a lot of unusual resistance at $11. I saw someone talking about institutions working to fix the price and keep it below $11. (Please if someone knows more about this inform me)

I was just thinking and wouldn’t it be more beneficial for us to keep the stock between $10 and $10.60 if this is the case? It does not trigger the $11 resistance but still bleeds the shorters dry.

Its just a theory I came up with whilst biking. That’s why I opened this discussion.

If someone knows more or can explain better please do so. We should work as a community!