Post by
stocksarefun on Oct 22, 2021 10:51am
Fear
There are likely many retail traders worried about negative news related to Phase 2, who have stop losses set to protect the gains thus far.
It's easy for institutions to see those limit orders on the Level 2 indicators, and if they are bullish, they just spend a little bit of money to accumulate those shares.
Comment by
GoldenArm on Oct 22, 2021 11:01am
Excellent analysis. 100% agreement