Completely reamed today. Sellers still outweigh buyers heavily. Doesn't matter who is buying, if sellers are dumping, not going to really matter.
I wouldn't call it "a great short term hold" on broker data alone. As long as chart is broken, sellers are outweighing buyers. No turn signal. Need to interpret the data in the context of the chart. Any growth stock in this climate is going to have a hard time.
Citi and UBS have accelerated exiting their positions in the latest data anyway.
Completely reamed today. Sellers still outweigh buyers heavily....
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