Playing WELL.V for oversold bounce (bought $1.15). Fib. support holding strong at $1.12. Stop loss just below that to limit risk.
Background: Recent selloff is due to $1.45 warrants coming online on Oct. 11th. Shorts likely piled on + retail panic sold.
Looking for shorts to start covering and technical traders entering positions in the next few days.
Background: Recent selloff is due to $1.45 warrants coming online on Oct. 11th. Shorts likely piled on + retail panic sold.
Looking for shorts to start covering and technical traders entering positions in the next few days.
トレード終了: 利益確定目標に到達
$1.45 warrants are coming loose and I think the shorts might have overplayed it. Holding to see what happens.