Here’s a clue to where the shares are headed:
$CLANKER broke through 17.52, reaching a 90-day high. At the moment of the breakout, every position bought at any point in the past 90 days was sitting on an unrealized gain.
Trading value then surged to 83.5 times the daily average. Some buyers were chasing the rally, while longer-term holders took the opportunity to cash out. The pullback will show who has more staying power: are buyers still there?
#CLANKER
Markets move fast, so don’t rush to conclusions.
$CLANKER broke through 17.52, reaching a 90-day high. At the moment of the breakout, every position bought at any point in the past 90 days was sitting on an unrealized gain.
Trading value then surged to 83.5 times the daily average. Some buyers were chasing the rally, while longer-term holders took the opportunity to cash out. The pullback will show who has more staying power: are buyers still there?
#CLANKER
Markets move fast, so don’t rush to conclusions.