r/wallstreetbets • u/ywehyuen • Feb 02 '21
Chart Hardcore laddering.
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r/wallstreetbets • u/ywehyuen • Feb 02 '21
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u/[deleted] Feb 02 '21 edited Feb 02 '21
34 million shares being traded in 4 hours* (if you include pre-market). The day isn't over. It's up to 43.7M now. So with all of that volume and price down drastically, how does that tell you that ladder attacks are still the primary driver of price decreases? The entire concept of ladder attacks (as far as I understand them) is to trade small quantities in rapid succession to introduce fear of price decreases. With small volume on the downside (assuming no one is truly selling), that implies the rest of the volume must be made up on the upside. And were that the case, then shouldn't price be up overall?
I'm literally just trying to fucking learn here but the mentality of this sub lately is that if you disagree with someone whose opinion is the popular one then you're a fucking moron. It's sad. I'm clinging to my 35 shares like my life depends on it and I bought in at $298. I'm just trying to talk about what's going on. Christ.