YES, $MAGIC I’M STILL WAITING FOR A DROP!
Magic started its rally yesterday, and in my analysis of the “surges,” I mentioned that Magic’s rally wasn’t really based on solid fundamentals and fit the pattern we call “slow short selling.”
Honestly, I didn’t expect it to rise this much because, as I said, it’s pure manipulation. Since this is an artificial rise followed by a drop, I expected a similar move sooner. As a result, it’s gone up a little too much.
I still think it will continue to fall. It’s hard to pinpoint the peak while they keep carrying out slow short selling.
It’s currently at $0.14. Let’s see where it is tomorrow. Do your own research
Magic started its rally yesterday, and in my analysis of the “surges,” I mentioned that Magic’s rally wasn’t really based on solid fundamentals and fit the pattern we call “slow short selling.”
Honestly, I didn’t expect it to rise this much because, as I said, it’s pure manipulation. Since this is an artificial rise followed by a drop, I expected a similar move sooner. As a result, it’s gone up a little too much.
I still think it will continue to fall. It’s hard to pinpoint the peak while they keep carrying out slow short selling.
It’s currently at $0.14. Let’s see where it is tomorrow. Do your own research