|Day Low/High||9.41 / 11.15|
|52 Wk Low/High||1.92 / 11.22|
This is a great market for trading, so trade it.
Stick to themes like biotechnology, SPACs, EV batteries, and others.
Market players aren't dumping stocks, they are just looking for better opportunities.
Causing some concern is that volatility indices such as VXX and UVXY are running higher despite the strength in the indices.
There is plenty of chasing of the strength which is an indication that FOMO is in overdrive again.
The stock has a V-bounce appearance to the price action.
Has this beaten-down sector finally turned a corner and set itself up for a new expansion wave?