I didn't say that. I said no insto support (ie. buying). But I also see no evidence of insto selling either.
So what we have, imo, is a free wheeling market, dominated by retail traders. If that's the case, sentiment will be a huge determining factor for the short term SP. The other thing is, when it gets a run on, there won't be anyone slowing its rise. Retail trader driven markets can equally give rise to very long green candles.
It's an interesting stock at the moment.
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