After this summer, feels like many traders are now holding stocks in the "i'm almost back to even" phase.
So you've held through all of the volatility...and you're brain is screaming to "get out now and just breakeven!".
It's always the same game: mentally fatigue you, shake you out, bore you to death, annoy you...then rip the stock again.
This is happening right now to a few names I'm watching:
1) $Ondas Holdings Inc.(ONDS)$ (perf example)
2) $Penguin Solutions, Inc.(PENG)$ (up & comer)
3) $Astera Labs, Inc.(ALAB)$ (fmr leader)
4) $Robinhood(HOOD)$ (held well)
5) $DigitalOcean Holdings, Inc.(DOCN)$ (basing, sleeper)
But plenty more that fit this criteria. KNOW this game. It's human psychology. Rattle everyone so the big boys can get positioned, then send er.
Tale as old as time.
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