Let’s talk about that $AKE just now: down 2.63% in 5 minutes.
When longs get flushed out, the selloff is often sudden and brutal, but once they’re cleared out, a rebound is also possible. I usually don’t adjust my position based on a sudden move unless it actually turns into a trend.
When longs get flushed out, the selloff is often sudden and brutal, but once they’re cleared out, a rebound is also possible. I usually don’t adjust my position based on a sudden move unless it actually turns into a trend.