Brilliant read on how support held when it really mattered. The detail about those long lower shadows capturing teh buyer defense is spot-on, especially seeing how price tested that November VWAP and bounced. I watched this same pattern play out back in '22 where the intial breakdown looked scary but the bounce happenned fast once institutional buyers showed up.
Brilliant read on how support held when it really mattered. The detail about those long lower shadows capturing teh buyer defense is spot-on, especially seeing how price tested that November VWAP and bounced. I watched this same pattern play out back in '22 where the intial breakdown looked scary but the bounce happenned fast once institutional buyers showed up.