I fumbled $BIFI hard. Bought strength, got smoked. 😬
It’s $32.10 now and down 23.39% on the day, with a nasty -23% in the last 4h. I should’ve waited for the flush instead of chasing that dead-cat bounce.
RSI is at 17, so yeah, oversold as hell. But the tape still looks ugly: volume’s only $561.4K, barely 0.2x normal, and it’s sitting below the 20d and 50d MAs. Brutal. 🔥
I was too early.
Where does this bottom actually form on BIFI?
#BIFI
#Trading
It’s $32.10 now and down 23.39% on the day, with a nasty -23% in the last 4h. I should’ve waited for the flush instead of chasing that dead-cat bounce.
RSI is at 17, so yeah, oversold as hell. But the tape still looks ugly: volume’s only $561.4K, barely 0.2x normal, and it’s sitting below the 20d and 50d MAs. Brutal. 🔥
I was too early.
Where does this bottom actually form on BIFI?
#BIFI
#Trading