1969
posted ago by REDMARAUDER ago by REDMARAUDER +1970 / -1

Tell your friends and family to delete their accounts. Twitter stock peaked @ 55 and is about to go under 45. If it goes below 40, every gain they made in the last year will be gone

Comments (40)
sorted by:
You're viewing a single comment thread. View all comments, or full comment thread.
5
gloriouschairmanpao 5 points ago +6 / -1

It's a metric used in technical analysis. Many rapid-trading algorithms use this methodology to determine if a stock has lost market support, and it can trigger a large-scale cascading sell-off.