T10s ,rollovers etc2 Sep 2022 08:54
Yesterday's volume was heavily scewed by leveraged positions closing or being rolled over. For instance 8 trades of 227882, 5 of 233194, 3 of 238759 and 2 of 358091. The market will happily work a tight range and take a little more skin off backsides on a daily basis.
Answer? Buy shares you can hold. Traders will get it right one day but will it cover all the days they didn't?
The odds are heavily, positively weighted for ZPHR but patience is a prerequisite.