Anything is possible so of course a retrace would be possible. However, looking at the buy and sell volume, it seems like people are not willing to sell and theres lots of churning going on. Its not as though we are just going up on low volume which would definitely lead to a retrace if there is no support. We have support at a few levels and buyers just keep flooding in. Might be due to FOMO which is kicking in because nobody wants to miss out before an announcement hits the stock. Also 4C coming up soon.
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