The market moved last evening as the Nasdaq reversed up while the Dow Jones plummeted. The Top 30 Volume stocks were mostly red as new stock like Digital World Acquisition is shooting up like 356% with hours as of closing bell. The market is like a wild fire where traders were all flocking to this SPAC stock because of Donald Trump latest social media move. Looking at how prices were rising and looking at how the big players and retailers were chasing this stock, it's no wonder that most traders were leaving other stocks behind and focus on this counter instead.
As you can witnessed how the accumulation and the mini reaccumulation works, it seemed as through for this new SPAC stock, traders weren't willing to dump until it reached a saturated ceiling point. The stock rose like mad and $$ was hot and fast to be made. Made like $48,684 USD last night as the other stocks weren't the focal point. Buy the strong and focus on timing entry and exit is the key towards fast profitability.
