Very strong run into earnings, extended and went parabolic....earnings reported and although they were quite good, the move before the earnings was a classic buy the rumour and sell the news...pump and dump but also an impulse wave....so the obvious direction next would be a sharp decline and this is what has happened.
Don't chase and don't follow the crowd.
Kristof Van Nevel
2023-05-24 22:25:12 +0000 UTC