Does that make you jump up and down mclriley? Does the ticker showing $50 really mean anything, other than a few cents from here? Geez..........
I think it is obvious to most people who own anything. They want the price to go up not down.
And sure 50 may only be a few cents or less than a percent but even numbers always act as a top for stocks. And only when a stock pushes through them does a stock finally move higher.
Otherwise the stocks will retreat with a fixed top and bottom.
Nobody wants that.