Supply will come closer to today’s high 28.50-28.75, there is a gap at the opening. any move above will be short lived, depending upon the volume of bids.
After stock makes a new high, it goes back 33% to 50%, which called and reaction. Any bounce to the reaction is called Secondary Reaction.
Those who are short term trader they should avoid holding at these levels.
Long-term holders should stop advising the virtues of holding and making profits disappears, and fresh losses accumulated.
Kindly use PE to Please Exit BX
I have no position and this message is helping traders