CIDM high risk
Updated
From the headlines today, "Deal with China’s #1 Theme Park and Children’s Media Company Brings Thousands of Hours of Top-Rated Programming to American Audiences."
High risk and high reward play. Currently at support. Also, the bottom indicators has red bars; It typically means that there is a lot of pressure above and below (from all sides) on the price. The price remains pressurized this way until people give up. When people give up, they take down their limit orders and do market order exit. After this, the price goes up.
High risk and high reward play. Currently at support. Also, the bottom indicators has red bars; It typically means that there is a lot of pressure above and below (from all sides) on the price. The price remains pressurized this way until people give up. When people give up, they take down their limit orders and do market order exit. After this, the price goes up.
Note
The green circle is what I am referring to when I say "red bars"
Note
on KODK, although this was an extreme case where the duration of the red bars were longer.
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