Is SPK a golden opportunity or a bottomless pit?
Today SPK's performance opened with a direct waterfall drop, falling more than 20%. How many people's accounts were directly wiped out?
Can you believe it? This wave of selling even made the MACD flatline, and the RSI dropped straight into the oversold zone; the technicals are simply heartbreaking!
But strangely, the trading volume surged to three times the usual amount. What does this indicate? It indicates that the main force is crazily rotating their holdings! Is this a panic sell-off, or is the main force deliberately smashing the price to accumulate?
Now the question arises— is this a bottom or a pit?
Don't panic, take a close look at the weekly chart; SPK is forming a W bottom pattern. As long as it doesn't break the previous low, a reversal signal could flash at any moment!
However, let's be honest, entering the market now is like licking blood from a knife's edge. Do you dare to gamble? Anyway, my little heart is already pounding in my throat!
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