Stocks & Markets Analysis
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Conor M
joined discussion · Mar 19, 2021 00:38
FUTU price hugs are wild 🤗 🤪
$Futu Holdings Ltd (FUTU.US)$ often sticks super close to a price relative to its big moves (up and down) in January and first half of February.
Is it just me or are other people getting this vibe as well?! 🤔
Price hugs don’t just seem to be a “support level” at a base— but a tight band of trading where large options moves or other players dominate the movement (or lack thereof...)
I am not saying this is a conspiracy or anyhting crazy, just an observation as of late.
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Conor M OP : Today around $140 for instance. But other days around 150 or 160. Where $$Futu Holdings Ltd (FUTU.US)$ has moved a ton more in the recent past around those levels.
Lakeside2 : I think someone is trying to manipulate the price...
Lanananana liu Lakeside2 : Agreed, that’s don’t sell it, if you sell you lose money lol
Babylegs : Yeah, it loves the whole numbers
Babylegs : Next stop 150
71615605 : Yup.. It’s really bugging me.. stellar everything. It’s like it doesn’t want to drop but it also doesn’t want to fly. Feels like a string being billed behind the scenes kinda situation lol. But still holding