Jun. 15 at 9:54 PM
$MRDN ... in my very honest opinion, MMs are loading their treasuries, swing traders are building new positions this last week, day traders are doing what they do, buying and selling for their 5-10% gains, longs are adding the dips, and all this action is causing much heavier than usual daily volume. All this to position themselves for whatever their goals are, all coinciding with the golden cross! The 50day cross of the 200 dma is a real phenomena that generally causes a new-found interest in a stock as momentum in stocks rule the day and decision making. We traded almost 130K today, about 3 times the daily average, finishing the day with only a slight increase in share price. I'm expecting another 400K trading day like witnessed a few months ago in the coming days and a more than likely healthy increase in share price along with that. All the best to everyone, whatever your goals are! As for shorters... you know what you can do... go f*ck yourselves! Lol
