ilmscore | Prediction Details
"so technically right there when it popped over seven that that was a dip and rip that surprises me though it surprises me because usually you don't see a lower resumption and then a squeeze up after the second Halt and that barely halted up it barely halted up because it thinned out right before the halt so now we're back back to showing eight so that was that was a little bit of a bail that was like a get out of jail free card because this thing when they open lower like that typically Panic selling they flush they drop and they halt down so that's unusual it's good to see for momentum Traders but unusual and it's probably frightening for shorts because what I would expect shorts did was put out sell orders up against this level because if this had halted down then it gaps lower and unless it comes back to the high you're in the driver's seat on that short and now you're just going to let it unwind right so now all of a sudden it halted up a second time but how confident do you feel about being long into this halt after what it just did right that affects sentiment because you see it halt up and then it opens lower and almost looks like it's going to Halt down on that panic and then squeezes back up"
By Ross Cameron - Warrior Trading | November 12, 2024 | Pending
From video
Big Momentum with $FOXO +774% and $BTCT +350% 00:31:06 - 00:32:24
Interpreted Prediction
BTCT's second halt up, after a lower resumption and a dip-and-rip pattern, is unusual. The stock's ability to squeeze back up after opening lower and nearly halting down is considered a 'get out of jail free card' for momentum traders, but potentially frightening for short sellers.

Prediction Details

Topic
BTCT Trading Behavior Post-Halts

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