Pumping! Channel Down Until BrokenMETA is pushing up
Marubozu green candle which is bullish today. Shaven at both ends which makes this candle more bullish.
I always tend to stop and think, WOW, when stocks like this push so far up in a day.
To me it is a funky up day when everything plus their brother goes up. But they are placing a price to pay at a later date for that brother to pay.
Granted, Facebook is not going anywhere anytime soon. FB is part of our society but it is not just Facebook anymore. Since I do not completely understand how wonderful the Metaverse will be (I am sure what is is exactly) but I am sure it will be like a heavenly body one day. Afterall, Z created it.
(I think you can make your own avatar and interact with folks using your avatar but I am not sure)
For now, since the Metaverse is like Extraterrestrial life forms that could be years away, I will watch it.
I follow the markets and when I see stocks like this gaining ground, I stop and think...Is everything going up today or is this just so far in a hole, it has to go up?
Watching and waiting. That is what most folk's entire life is about.
I will skim across this chart from time to time though.
If you just wait and never watch, you may miss something )o:
No recommendation/Earnings estimated to be 1-25/Short interest is low at around 1.6%