Stop short squeezing Yandex, let it be.28.09.22
During the day volatility was proven to be unpredictable. Hamsters were opening shorts (as it appeared, the hit target for them was @1500) and bulls-insiders were short squeezing, not letting it fall.
There was no positive news on a political arena, nor an economic or even company related for this bull rally to be. Insanity. No. Reality.
In fact, the price did drop to the levels of @1675 and it did look like a signal for the continuation of bears dominating the game, but it did not turn out this way.
Right now #YNDX is testing Feb,2022 levels. The lowest it got was in the beginning of June reaching all the way to @1350. Thus, there is a potential for a +/-24% drop. Which I am betting my money on.
For coming days we can see it testing @1670ish. Before that the bulls might attempt to provide some more liquidity and if the pockets of the Hamsters are not deep enough, we might see the rally to @1900ish cause they will have to cover their shorts
