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19,072 Posts.
2666
30/04/21
22:38
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speculators jumped in based on speculations that this "announcement" was going to be spectacular.
it wasn't.
so speculators stampede out, triggering some stop losses.
and given the lack of news for the next month or more, its likely more traders will exit in the coming days and weeks.
so its will likely drop back to the 50 to 55 cents range.
aimho of course.
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