So the current run has been pretty sweet (since I've got several long term bags myself) . . BUT . . I'm not crazy about these volumes nor the possible overhead selling pressure up top. Take a look at the most recent similar capitalization level push from last Spring and compare it's volume to the volume now. There's a lot of volume going into the peak levels as well and there's GOT to be a lot of nervous sellers just dying to get out for what they paid as is typical for FOMO buyers at the top. I realize that we're living in opposite world now and nothing seems to make any sense but on it's face, this thing looks over extended with heavy overhead. I'd be taking some profits and would imagine short sellers feeling around for entry points. DYOR but Caveat Emptor . . (not financial advice)
Trade active:
Little bit of a boost on the local high here . .
