Stop short squeezing Yandex, let it be.

2022년 9월 28일

28.09.22
During the day volatility was proven to be unpredictable. Hamsters were opening shorts (as it appeared, the hit target for them was 1500) and bulls-insiders were short squeezing, not letting it fall.

There was no positive news on a political arena, nor an economic or even company related for this bull rally to be. Insanity. No. Reality.

In fact, the price did drop to the levels of @1675 and it did look like a signal for the continuation of bears dominating the game, but it did not turn out this way.

Right now #YNDX is testing Feb,2022 levels. The lowest it got was in the beginning of June reaching all the way to @1350. Thus, there is a potential for a +/-24% drop. Which I am betting my money on.

For coming days we can see it testing @1670ish. Before that the bulls might attempt to provide some more liquidity and if the pockets of the Hamsters are not deep enough, we might see the rally to @1900ish cause they will have to cover their shorts