Just sharing my observation about its historical behavior for
the last two years. Doesn't mean it will do that tomorrow. I'm just
looking at the "pop" days. Going back two years on a daily I see
seven very large pops. Today's is by far the largest. Just look at
the next day after each pop. Mind you - I won't short this. Way too
risky for me. But the history shows a significant pullback the day
after a huge pop.
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Just sharing my observation about
ZIM DAC and other shipping stocks topping.... sign of energy ...
Posted by Trendie on 4th of Mar 2022 at 03:38 pm
Just sharing my observation about its historical behavior for the last two years. Doesn't mean it will do that tomorrow. I'm just looking at the "pop" days. Going back two years on a daily I see seven very large pops. Today's is by far the largest. Just look at the next day after each pop. Mind you - I won't short this. Way too risky for me. But the history shows a significant pullback the day after a huge pop.