/biz/ - Business & Finance

Hey Redwolf, what indicators did you use again? Stoch RSI and a something else?
I'm long on CMRX but you said that having it embedded for 3 sessions is generally bullish because it means a strong trend is forming and repricing it, right? Based on the techs, this should look pretty optimistic, yeah?

>>49990596
>The relevant measure of liquidity is measured in $, not amount of shares traded. If you wan't to sell a million dollars worth it doesn't matter if it trades a million shares a day at a dollar or 100k shares at $10.
I had some familiarity with this by slinging shitcoins last year, people were shilling shitty coins with 300k mcap and promising the moon, meanwhile I was throwing $20 at things with 10k mcap and exiting a position in minutes with a 30x in some cases. That was fun.
Anyways yeah, I suppose the same logic applies with stocks, and on a larger, slower scale.