Looks to me like the market just wants to bounce sideways, I hope that's the case because sideways rangebound trading is just about the easiest way to make money.
In any case, if you're still bullish, wait until MFI goes oversold before buying the dip. I woke up late today and missed the morning drop so staying out for now. Garbage stocks are tempting but I'll probably have to wait to see what happens tomorrow.
Might buy a few CHWY puts or something EOD if there's no afternoon rebound.
I told you guys short squeezes always run 3 or 4 days, looks like that's over. Could just go sideways though.
In any case, if you're still bullish, wait until MFI goes oversold before buying the dip. I woke up late today and missed the morning drop so staying out for now. Garbage stocks are tempting but I'll probably have to wait to see what happens tomorrow.
Might buy a few CHWY puts or something EOD if there's no afternoon rebound.
I told you guys short squeezes always run 3 or 4 days, looks like that's over. Could just go sideways though.