That nasty wick to the downside surely forced a lot of liquidations on people who are using margin or leverage to trade. Good for them. Hopefully they will go work as Grab driver or in McDonald. Oh yeah, I forgot we have that covid thing. Whatever. Good riddance.
Anyways, this is still going to up. After the wick, it made a new all time high. The momentum and capital inflow remains intact. Will stay inside this one and ride it all the way up and together with other glove makers too.
With Nasdaq going to break all time high soon. This is the only way to survive the world for now... financially.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.