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Posted On: 08/19/2020 1:07:02 AM
Post# of 151841
I hate the SP manipulation but you have to wonder why the effort when things are as good as can be.
Protip #3: Professional shorts pushed the SP far enough down and with enough momentum to draw in pro-wanna-bes, take out spots, cause traders to dump, and cause casual investors to dump thinking there must be something wrong -- mainly that the EFF-DA will not approve. Professionals will have covered most of not all their position at the end of the day. And this is what's gonna happen when any approval is announced: pros are gonna buy all they can at market squeeze the pro-wanna-bes till they pop. My short term prediction is $30-ish with a peak into the $50s territory.
Pros make money up and down. They made a sh*t ton when they created the momentum to run to $10 before shorting and are now setting up for similar but much larger move in the opposite direction.
Clear as day.
Protip #3: Professional shorts pushed the SP far enough down and with enough momentum to draw in pro-wanna-bes, take out spots, cause traders to dump, and cause casual investors to dump thinking there must be something wrong -- mainly that the EFF-DA will not approve. Professionals will have covered most of not all their position at the end of the day. And this is what's gonna happen when any approval is announced: pros are gonna buy all they can at market squeeze the pro-wanna-bes till they pop. My short term prediction is $30-ish with a peak into the $50s territory.
Pros make money up and down. They made a sh*t ton when they created the momentum to run to $10 before shorting and are now setting up for similar but much larger move in the opposite direction.
Clear as day.
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