2 million volume bought by algorithmic trading at close on 11 Dec that is worth approx. USD200million. We anticipate another pump to 104-108 then an impending dump before earnings.
The average pump we have calculated is at 1+million volume at close with the highest at 5+million on 25Nov before the dump on 26Nov.
Retail investors be careful. The previous 5% drop that reverses a 3% gain was a 8%(absolute) dip shows that the stock is being cropped up intentionally with no long support. The underlaying support is cropped up with weak foundation to manipulate the price.
Modify on 2024-12-12 12:56
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how abt $NVIDIA Corp(NVDA)$
I'd be interested in you doing a similar analysis on SMCI. This is a much bigger event than MU these days.
Thank you for sharing.