This one ripped so hard and fast there are huge gaps, some retracement is inevitable and desirable.

Chungllq
2021-06-30

This one ripped so hard and fast that there are huge gaps, so some retracement is inevitable and desirable. Lots of folks locking in profits and I am sure a lot of them plan to come back tomorrow at a lower entry point. That was/is the pattern with so many others. I saw ALF do this last week, then trade sideways on lower volume for a day before charging above 20 the day after. It is worth remembering fintel has been reporting 0 shares available to short all day. I am sure some of yesterday's shorts covered today but I am equally sure many are still short in hopes of getting back to even or making a profit. That puts them far underwater and fighting a rip tide of momentum due to the exciting news, the day trader interest, and the convictions of the longs.$Marin(MRIN)$

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Comments

  • plain_paper
    2021-07-01
    plain_paper
    will be back again
  • KCWY
    2021-07-07
    KCWY
    Will fly again later!
  • ee22
    2021-07-07
    ee22
    dropping. *sob*
  • MCHAN
    2021-07-03
    MCHAN
    Hope so [Sweats]
  • MelChen
    2021-07-02
    MelChen
    Go for it!!!!
  • Renovartio
    2021-07-02
    Renovartio
    im back ?
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