I'm a bull holding a massively overweight parcel until divies, but "realistically the only way the SP would fall that far now or in 2022" is silly. Based on what? Fair value calculations? Fibonacci retracement? Very good stocks get sold down well below any ambiguous fair value calc all the time. Brokers and SI placement holders et al take profits. That's what they do.
There's no reason it can't go that low, be prepared for it as a possibility and you'll fair better. Rampers speak in unfounded emotional language, whether they're biased long or short. This could go back to 50c (retest two previous highs on the weekly) to shake out weak hands, cause retail the most pain and then shoot to 1.50. That's how people with more power than you or I make money. It is the way.
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Open | High | Low | Value | Volume |
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32 | 2330617 | 0.200 |
2 | 596410 | 0.195 |
6 | 897762 | 0.190 |
5 | 562410 | 0.185 |
Price($) | Vol. | No. |
---|---|---|
0.210 | 445481 | 10 |
0.215 | 235016 | 5 |
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