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Market overreaction to a fairly good ann?

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aceryx

587 Posts.

9

28/03/24

10:50

Post #: 73099709
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Originally posted by Krano: ↑

WA1

Where will this go..? There are plenty of trapped traders from the first 15 (me included but I bought no where near the top), 11.9 on the previous resistance.

Plenty of buyers stepping up, but my lord, there are plenty of sellers.

If this can withstand the continued selling at these levels, it should start to rise and retest the VWAP here as the SOI is minimal. The fact that the gap is closed is also encouraging, but I have to say it does not look good in the ST.

AIMHO

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Market overreaction to a fairly good ann?
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