Post by
Hiddensecrets on Jul 16, 2021 10:21am
FAKE DROP on Low Volume (Longs are not selling)
Typical fake drop orchestrated by the shorts in the hope of luring in the longs to sell.
Strategy is not working as VOLUME is extremely low, it means no panic and no longs selling.
Yesterday 85% of the volume was from shorts.
They are pretty desperate and are trying their best to drive price down with more shorted shares, which is dangerous for them.
Ignore the noise and stick to your due diligence.
You know we have MEGA OIL so relax and, let the sun come out.
mpo
Comment by
Hotshot85 on Jul 16, 2021 10:31am
we are half way to the 30 day average volume, i would call that extremely low. i'm feeling like there are quite a few people who have reached their risk tolerance. dont want to wait for results good or bad. take profit and run. or eliminate losses and run