RAC - Charts & Price Action, page-15859

@yannpiot

Where to? I added 15k yesterday so I guess that says what I think.

There are no significant shorts and lately it feels to me like the SP has been dominated by retail based selling not bot churn only.

So I'm picking the tax-loss-selling has peaked - as we get closer to the end of June we get very close to the expected/.anticipated news ... FOMO must start in a week or so. Wouldn't you think?

That 600k off-market-transfer was significant (for me) recently. @ $1.55 I think. If it was a corporate in-house transfer they will do it at a price they think is near the low to maximize the tax effect while maintaining their full holding.

It could even have been MMessina transferring a third of her shares to get a $150k tax loss against her tax obligations. But the timing is significant I assume - the Quarterly will be an interesting T20 read.

So my money (guess) is on a bounce of sorts here (macro markets and geopolitics?) then a small triangle while we wait for news as the FOMO'ers fight the last few tax-loss-sellers closer to July.