Tech just ripped off the canvas, but this tape is still an absolute minefield... 🩸🧨 💀
$GOOGL got smoked from 328 down to 273, and now it's violently trying to reclaim the gap.
Look at $TSLA A straight flush down to 335, and now we're seeing a 2.5% face-ripping bounce.
And $SPCX Down from 151 all the way to 120. That chart is a toxic brew for anyone trapped at the highs.
This is pure algorithmic mean reversion.
Capital isn't coming back to high-beta growth because the macro picture is suddenly fixed.
It's a violent relief rally... 😮💨
The big money used the panic to load up, and now they're squeezing the late shorts.
The play here is a fade. I'm looking to short these rips, not buy the dips... 🦈🔻
Don't get trapped buying the top of a dead cat bounce.
Are you shorting this relief rally, or are you buying the dip and praying the rotation holds?
$GOOGL got smoked from 328 down to 273, and now it's violently trying to reclaim the gap.
Look at $TSLA A straight flush down to 335, and now we're seeing a 2.5% face-ripping bounce.
And $SPCX Down from 151 all the way to 120. That chart is a toxic brew for anyone trapped at the highs.
This is pure algorithmic mean reversion.
Capital isn't coming back to high-beta growth because the macro picture is suddenly fixed.
It's a violent relief rally... 😮💨
The big money used the panic to load up, and now they're squeezing the late shorts.
The play here is a fade. I'm looking to short these rips, not buy the dips... 🦈🔻
Don't get trapped buying the top of a dead cat bounce.
Are you shorting this relief rally, or are you buying the dip and praying the rotation holds?
