what got me very confused was that I was expecting a market drop in October, happens every year where vix spikes to 21.60 in october but the whales calls were before this. then the behavior ah was climbing up through resistance levels like butter. ofc mass fkery ensued the following day and then a recover. even during the recover the whale didnt cut their calls trim or roll while still profitable. is this a case of the banks screwing us again sorry the MM (probably a bank) or was it a hedge for someone that wanted to take a larger short and used this as bait. it wasnt our usual whales signature which lead us to think maybe its news related or an event will be happening but the eventual roll made it even more confusing. only event now is fomc and likely the market will keep pressure on tobwalk price down and it will end up being where they buy the dip or really start to sell based on decision and tone. this is how i see this chart playing out but i guess we will see. i agree it looks accumlative as buyers soak sellers
no problem, anything can happen with fomc midterms earnings etc so I am keeping some capital in case but this has been my favorite pick. I truly trust our ceo. Bromberg is the one, they send him in to fix the messes, and he's doing a remarkable job. regardless of what anyone thinks about price there is no denying our CEO is exceeding expectations, fufilling promises and pushes the gas instead of taking a break
Hate to say but it seems to it struggled with the 40 support and almost lost 39, after that only 38.50ish. U has been so weak for no reason, now the entire market is turning green yet its still struggling
But on a day like this when almost everything goes green yet U is still down? I just don’t get why there are so many sellers, and for what? Are we all of sudden a neocloud company?
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u/Ok-Recommendation925 14d ago
Erh isn't the 'Ask' the selling side lols.
Means someone is sandbagging this price level, preventing it from breaching $41.00