“Down 30%—isn’t this the bottom?”
The bottom isn’t set by how far it’s fallen, but by who’s stepping in to buy.
“It’s down to 63—where else can it go?”
63.3 was Friday’s low, and it’s also the low for this whole move.
Over two days, the lows went from 70.36 to 63.3, with no recovery in between.
“There’s always someone buying the dip.”
Retail longs: 89.80%; long/short ratio: 8.80. They haven’t backed off for six candles.
Everyone looking to buy the dip is already on the long side.
Whales: 70.63%. Over six candles, they’ve barely moved—from 2.3966 to 2.4047.
They haven’t run. They’re sitting back, waiting for someone to lift the price.
$INTC Current price: 65.03, pinned below the 20-hour moving average.
Above, 71.86 is Friday’s opening price; 63.3 is the bottom.
That 10.5-point climb is exactly the way back to break-even for those trapped at higher prices.
No one’s come to lift the price, so I’ll just sit tight.
(Not investment advice. You’re responsible for your own gains and losses.)
The bottom isn’t set by how far it’s fallen, but by who’s stepping in to buy.
“It’s down to 63—where else can it go?”
63.3 was Friday’s low, and it’s also the low for this whole move.
Over two days, the lows went from 70.36 to 63.3, with no recovery in between.
“There’s always someone buying the dip.”
Retail longs: 89.80%; long/short ratio: 8.80. They haven’t backed off for six candles.
Everyone looking to buy the dip is already on the long side.
Whales: 70.63%. Over six candles, they’ve barely moved—from 2.3966 to 2.4047.
They haven’t run. They’re sitting back, waiting for someone to lift the price.
$INTC Current price: 65.03, pinned below the 20-hour moving average.
Above, 71.86 is Friday’s opening price; 63.3 is the bottom.
That 10.5-point climb is exactly the way back to break-even for those trapped at higher prices.
No one’s come to lift the price, so I’ll just sit tight.
(Not investment advice. You’re responsible for your own gains and losses.)
