Top 5 biggest losers in the past 24 hours:
1) $UAI -41.56%
2) $JCT -27.34%
3) $CYBER -17.96%
4) MAGMA -17.31%
5) BIRB -16.90%
Quick take: The steep losses among the biggest decliners are likely due to concentrated selling pressure. Wait for signs that prices have stabilized before buying the dip. The biggest losers list often sees technical rebounds, but a rebound doesn’t mean the bottom is in.
1) $UAI -41.56%
2) $JCT -27.34%
3) $CYBER -17.96%
4) MAGMA -17.31%
5) BIRB -16.90%
Quick take: The steep losses among the biggest decliners are likely due to concentrated selling pressure. Wait for signs that prices have stabilized before buying the dip. The biggest losers list often sees technical rebounds, but a rebound doesn’t mean the bottom is in.
