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Watching $WOLF After Today's Pop
Interesting move on $WOLF today, up to 48.25. It broke above that 47-48 area I was watching, which has acted as resistance before. I'll be watching for follow-through tomorrow, but if it drops back below 46.50, I'd consider that breakout invalidated and potentially just a short squeeze.
1 comments · 1 points
The breakout above 48 isn't convincing unless it can hold it for more than a day. A single pop on light volume is often a head-fake; I'd want to see real buyers step in to confirm. Otherwise, it's just noise.