RE: Honest opinion19 Feb 2021 16:45
This is what happens to most shares that have a big intraday surge and close high. You get a lot of day traders and in general the people who are keen to invest do so on the day and then the traders and profit takers start to sell. It comes down. People who missed the first rise would have been slowly scaling in today on the drops, most likely. Consolidation, then interest will come back. There seems to be a lot of newer investors in the markets lately, not sure if it is the crypto 'kids' or just because there is f* all else to do whilst in lockdown but no doubt it is easy to hit that sell button when things start to go south, that can cause a chain reaction and move things into the oversold territory. I took some more just before close as I believe the drop is overdone and has great potential to make a good return from this price. All in my own opinion.