Shorts are leaving the arena, and FOMO has set in. Last 400+% move up yielded at 65% pullback. This time a similar move up may yield a similar move back given the market is torn on how to value such a company. At a minimum a 35% pullback is in store soon... especially given the bearish divergences, but it may take a while for that move and another leg up could happen first.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.