Careful for baits and bull trap.
Check your entering prices, sometimes paying for a premium will get you in without modifying them much.
In less than 30 minutes since opening yesterday, over 5 million of short positions were covered at $90-93 range. During such volatile periods whether you want to buy or sell, please add buffers to get into the position you want.
E.g. Screen shows 90.3, enter at + 0.3 - 0.5., 90.6 - 90.8,
Screen shows 96.5, exit at - 0.5 to - 0.3, 96 - 96.2
Screen shows 96.5, exit at - 0.5 to - 0.3, 96 - 96.2
And be very wary of pre-markets... The purpose of pre-market by volatile stocks is to "influence" the range of highs and lows to lead trading activities when the market open. After all, the key psychological effect is give some form of guidance for buyers and sellers to look forward to.
![Careful for baits and bull trap.](https://ussnsimg.moomoo.com/1630488726091-102790660-android-org.jpg/bigmoo)
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努力回本的笨蛋 : Please let me know, what will happen if the short side makes a comeback
Kit Kat Crazy : Very good analysis. When I get lost in the market, it will pour on me like a basin of cold water. I will stay vigilant
daytrader1176OP 努力回本的笨蛋: It's a classic bait. By releasing positive and promising news first, they are looking to raise the prices first then go off another round of short-selling. So this cycle repeats as the prices go up and down. It shouldn't impact people who are used to holding for a few months and don't mind holding even longer. But for those who are looking to enter quick and exit fast... It is problematic.
prolohz : how do you get to this page?