this is not hate fam. It’s technicals. TA shows strongly that this is going to likely test the 100MA this week on the daily. I would expect this to hit 50 by next month.
why not just make decisions based off the TA? TA shows you the purchasing behavior of the market, and it has a higher probability of demonstrating realistic outcomes than wishful thinking. Big institutions are not going to buy based off the news. They will buy based off the technicals.
Go back and read the technicals for the pump going into 96 SP. Two weeks prior. look at the MACD, the VWAP and the moving averages and you will see that the news was released at the same time these events converged into a bull rally. Currently, the data shows a bearish convergence. Death cross on the 1 hr, MACD cross over on the daily, and a test of the 200MA. If the 200MA fails tomorrow, you WILL see a fall to 54 by Friday.