Why? When i refresh the search to get a price the articles are all mainstream sources actually hyping it. Since at least Sunday the normy press is reppin it.
So whats your point? Right now the price is showing it can drop without a problem. Once it hits a demand zone $75 becomes an area that is setup for price to get to.
Of course anything is possible.
Something is going to take down the DS. Soon DWAC will become Trump media and Technology Group.
I wonder if that will be the Trump Card.
I don't really pay attention to the news. It is all fake designed to have us acting in a certain direction.
I am looking at price action on the charts.
Price action suggests the price will drop seeking buyers. Once that buying zone is reached the next supply zone is in the 70s
Well I would agree with you on this. People would buy on this news. Price will drop to the support area. Those people will think the bottom just fell out and will freak out. The people that are telling them to get in now will cover their shorts when the freak out happens.
Once all the sellers have sold the price can't go down anymore because there are only buyers left.
That's the way it always works
The news controls both sides of every conversation. Thinking that "if the media likes it I shouldn't" or "if the media doesn't like it I should" is a trap. The only proper course is to do research far beyond the media. Listen to what people who have done independent research have to say. Listen to all the arguments. Dig into documents. Use discernment and critical thinking.
None of this type of research will give you the Truth of what will happen, but they are the best chance you will have at arriving at it. The media is completely worthless, as in, no matter what they say, no meaningful conclusions can be derived from it. At best the media is sometimes useful as a tool to get references to good sources. Just ignore whatever narrative they give about those references.
I want to buy in at $40
Me too, I sold some $40 puts for about $4 they expire next week. If the stock gets put to me my cost will be $36. If not I just keep the $4 premium
Why? When i refresh the search to get a price the articles are all mainstream sources actually hyping it. Since at least Sunday the normy press is reppin it.
So whats your point? Right now the price is showing it can drop without a problem. Once it hits a demand zone $75 becomes an area that is setup for price to get to. Of course anything is possible. Something is going to take down the DS. Soon DWAC will become Trump media and Technology Group. I wonder if that will be the Trump Card.
It was a question really: why do you think that? When the evidence demonstrates that the mainstream media is literally hyping It this week
I don't really pay attention to the news. It is all fake designed to have us acting in a certain direction. I am looking at price action on the charts. Price action suggests the price will drop seeking buyers. Once that buying zone is reached the next supply zone is in the 70s
Yes so if the news is steering people into thinking it's a good bet...
The top of Google says "wall street bets founder says '(dwac) is next." As in to pop
The next Google hit is "don't be surprised when dwac rockets up." Been like this for at least 2 days
Well I would agree with you on this. People would buy on this news. Price will drop to the support area. Those people will think the bottom just fell out and will freak out. The people that are telling them to get in now will cover their shorts when the freak out happens. Once all the sellers have sold the price can't go down anymore because there are only buyers left. That's the way it always works
The news controls both sides of every conversation. Thinking that "if the media likes it I shouldn't" or "if the media doesn't like it I should" is a trap. The only proper course is to do research far beyond the media. Listen to what people who have done independent research have to say. Listen to all the arguments. Dig into documents. Use discernment and critical thinking.
None of this type of research will give you the Truth of what will happen, but they are the best chance you will have at arriving at it. The media is completely worthless, as in, no matter what they say, no meaningful conclusions can be derived from it. At best the media is sometimes useful as a tool to get references to good sources. Just ignore whatever narrative they give about those references.
Probably because, like OP said, it's going to go down and they want to get more people to buy in before the market makers tank it.
You don't actually trust mainstream sources do you?
I trust that 250 million Americans do
Bought high, I’ll hold the bag until it’s full of cash!!
Hang in there. This is part of the plan to end the black hat control of the media. I am thinking it is going to be a lot bigger than we realize.