The baby lion many have grown fond of was roaring strong earlier in the week. It was a juggernaut, plowing throw any selling pressure. What a beast the little guy was!
But after the last "hoorah" up over $4, the tides have turned:
The sellers are back in full force and pushing the price of CUB down. Will it last? Are we headed back down to $2? Is $4 the new floor?
It's a bit too early to tell. Caution is always warranted before moving positions. Turning on a dime is a near hallmark of stocks or crypto. You think it's going to stay in one direction, and then it changes all of a sudden.
Where do you think CUB is going? Back down for a while? Steady at the $4 mark? Or rising higher in no time?
I never know what is going to happen. I don't think anyone else does either. Unless they have a crystal ball accurately telling them what the future holds. Are you the one with the magic to know where it will go?