Volume says it all. Only an idiot will consider shorting it here.
Note
Last week this would have cleared 21 by now, shows how market conditions have changed. Something to be aware of when sizing trades. Appears to be rejecting 30 EMA on 3D chart...candle is yet to close so wouldn't read too much before it does.
In bear market, more resistances get sold. (front-running commentary)
I went long at 8.32 and got stopped at 8.84...don't want to be chasing meme stocks when the core positions are turning green to red in the matter of days.
Be cautious...not every trade works every time.
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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.