BBBY was the 3rd most shorted stock as reported by marketwatch 1 month ago, I believe it may be the most shorted stock now when the totals get updated:
Also yes Ryan Cohen sold, but Jake Freeman also sold $100 Million: www.dailymail.co.uk
this is money and profit that's now sitting on the sidelines.
Freeman said : "'I certainly did not expect...
Remember the addage "the longer the base, the bigger the boost?"
SHIB and other cryptos have fallen along with tech and now tech is making a return
NVDA is seeing new investment and we appear to be seeing a recovery in cryptos
there's been a long flat base for the last 4 months and a doji on the monthly indicating a reversal
Bitcoin and tech have been down in the dumps for a while
SHIB and other cryptos have sold off and have slowed down and consolidated
now that a bottom has been found it may rise again for a couple weeks
You can see the most recent trendline up as a relief after the big drops from 60k
Breaking this trendline to the downside indicates further downside and a continued larger downtrend.
US tech has also been on the decline.
Looking at the chart you can see the large trend that was started from 65,000 this trend is continuing on the daily and the monthly chart has recently crossed on the MACD which could indicate further downside below $30,000
Current price is $37,000