$TYHT

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Looks poised for a run up ($10+), barring any crazy macro factors.

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RoadDawg55

Looks poised for a run up ($10+), barring any crazy macro factors.

What’s the reasoning. I don’t know shit, but I looked and it’s down 9% today.

Sources

Looks poised for a run up ($10+), barring any crazy macro factors.

What’s the reasoning. I don’t know shit, but I looked and it’s down 9% today.

The 9% is largely profit taking IMO, not a risk of a reversal

A number of reasons, but from a purely technical perspective, a few that I like in particular:

Bounced off of the 200 day SMA (teal line) and held into what is normally a middling or bad week for small caps (OpEx)
Large spike yesterday on increased volume and price didn't drop much on lower volume next day - suggests bulls are still in control (also an inside bar today) and light pullback is consolidation
Also, this is a lower volume, higher beta stock, making it highly susceptible to macro factors (Fed talk today caused part of the sell off)

I looked into fundamentals a little bit, but not enough to say I'd sell the house to get in. Just saw some things I liked and passed it along. FWIW, I have no position (but likely would if I wasn't restricted by my wife's job)

greenblood

I’ll put my next gov assistance check into it, and see what happens

Baseman

I’ll put my next gov assistance check into it, and see what happens

Sign it over to me and I'll kick you in the nuts. Better deal for you