May. 16 at 2:08 PM
$BZAI It happens to the best of traders, no one can 100% predict stock behaviour.
Hopefully, this reaction is a temporary knee jerk reaction sort of dip and you'll be grateful on the reversal.
Having an average of
$1.49 isn't bad at all, on a stock with 'buy' to 'strong buy' analyst ratings, and with good PR's, this stock can return back to the
$2 range or higher in no time.
If you noticed this week and last, the price could easily go from
$1.60 to
$1.70 in a matter of minutes to hours, let the shorts return shares, but will then find resistance around the
$1.80 to
$1.90 range.
Yesterday the range was between
$1.30 to
$1.39/1.40 throughout the day, only touching
$1.28 briefly.
I'm suspecting heavy manipulation to remove weak impatient hands, but I believe that the stock price will eventually recover, although nothing is for certain.
GL🙏
IMHO/NFA
