The key to whether this happens will be in the rapid pace at which shorts take hold here. Talk about narrative, I can't imagine what stories we will be told while they continue the SWEEP all the way down to $61.00. You might not fall for the narrative they try to sell you on, but $61.00 will be a hard pill to swallow if you're just picking up shares now, to say the least.
Now they may SWEEP the high liquidity again before they hit the lows, but I would almost guarantee you that is the next target.
Now they may SWEEP the high liquidity again before they hit the lows, but I would almost guarantee you that is the next target.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.