Nice Short Pattern, Conditions Also Very Bad

Risk is a black swan political event (which isn't really a black swan with this stock due its long history of sudden news releases that send the share price flying). It's also never a good idea to short in a bull market. 21% of outstanding USD was printed in 2020, and that was as of November, according to Katusa Research.

"21% of US Dollars were printed in 2020 (so far), or $4.5 Trillion. This is more than the amount of money created in the previous 5 years, yet only 5% of it is new cash in circulation."

Plus it's EV...

It's a great pattern. The conditions also seem perfect, but still, a unique risk of a sudden spike exists..

Kommentera:

Wouldn't put too many eggs in this basket, either..

Kommentera:

Yeah it's just not worth it. Workhorse too volatile. Too many followers. There's still hope..

Kommentera:

Guess it was a good play after all. Those patterns rarely fail, especially when the conditions are right. Democrats have me spooked (excuse lol)

Kommentera:

Yeah see, there's somebody buying...Someone is definitely quietly trying to picking up some shares. This is one the most MUNIPULATED stocks on the entire Nasdaq!

Kommentera:

Definitely getting a little ahead of myself in that last comment lol. That's why I like tradingview and stock message boards. Keeps you honest.

You know, they should apply that to online political discussion. Make a rule that after 5 minutes, you can't delete your comments.

Nobody would use it, of course..