Looks like santa's coming to town earlier this year. $300 is possible by the end of the week. Happy to those who benefited at the current price!
yeah 300 is possible but the question is can we hold the 300 mark and not falling again after we touch it like the last time?
because if we cannot sustain it then it is pointless it will look like a dead cat bounce
bouncing from where? last ath ? i Donut gettit
no i mean if we cannot sustain the 300 mark, we will most likely return to previous range 250-275
this same pump happened some time ago, people have already forgotten this ?
it's happened two times one with the 275 highest, then again a return to 220, then a grasp of the 300 wall and again a dump to 220-250
not sure if what you are describing is a "deat cat bounce"
here is an example:
snip
wikipedia says:
In finance, a dead cat bounce is a small, brief recovery in the price of a declining stock.[1] Derived from the idea that "even a dead cat will bounce if it falls from a great height",[2] the phrase, which originated on Wall Street, is also popularly applied to any case where a subject experiences a brief resurgence during or following a severe decline.
it would be the third bounce, not sure if a dead cat can do that
isn't a dead cat bounce a simple return to the previous price after a fake pump?
i've always see it as that, but i guess that there may be other interpretations...
