With enough people thinking like us (and staying on the sidelines and coming out to support the stock at $10.50 ~ $11.50 , it creates a very strong support base that is hard to push down. I was surprised that the Thomas Cook scare actually managed to knock down all these support levels down to the $9’s even if it was a very brief moment.
I guess there was simply too much panic and unknown at the time. Just like this virus thing. People FEAR the unknown.
WEB Price at posting:
$12.86 Sentiment: Buy Disclosure: Held
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