Hello, this seems to be the "BUY THE DIP!" name definitely on the retail side. A guy once told me, if everyone is talking about getting into something, buying something, it might be a good time to sell and get out of that something. Example: I have been buying Bitcoin for five years, the price has risen and now everybody is talking about Bitcoin, that might be a clear indicator to sell some of that position and take profits; contrarian. So, something is telling me this name isn't ready to just ride to the upside like everybody is imagining. A big zone is down around $200, a 7 year demand. This name is in turmoil, randomness happens. I believe the name would have kept going down if the insider buy did not come in and bring some momentum. I can see this name retracing back to $275 and below. Will be interesting to see. On watch is $275p 6/20.
WSL
WSL
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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.