Guys, $JTO surged straight up 13.5% today. This rally is definitely pretty intense.
But I just saw a piece of news that might cool down the heat a bit. The offline event that was originally planned for June 27 may be canceled because a typhoon is coming. They said whether it will be held or not will depend on the weather and transportation conditions, and the latest they’ll give a definite update is tomorrow noon.
Once this news came out, market sentiment is likely to be affected somewhat. After all, suddenly adding an uncertainty factor—some short-term funds might choose to play it safe and wait it out.
That said, 13.5% on the daily chart is right there in front of us, which shows capital attention is still very high. Now it depends on whether this little hiccup with the event makes the market pause here to catch its breath, or whether it keeps pushing higher.
What do you think about where $JTO goes next? Is the good news already priced in, or is there still more to come? Drop your thoughts in the comments section.
But I just saw a piece of news that might cool down the heat a bit. The offline event that was originally planned for June 27 may be canceled because a typhoon is coming. They said whether it will be held or not will depend on the weather and transportation conditions, and the latest they’ll give a definite update is tomorrow noon.
Once this news came out, market sentiment is likely to be affected somewhat. After all, suddenly adding an uncertainty factor—some short-term funds might choose to play it safe and wait it out.
That said, 13.5% on the daily chart is right there in front of us, which shows capital attention is still very high. Now it depends on whether this little hiccup with the event makes the market pause here to catch its breath, or whether it keeps pushing higher.
What do you think about where $JTO goes next? Is the good news already priced in, or is there still more to come? Drop your thoughts in the comments section.