MRKT Call 10/25/22: Stocks Surge Ahead of Big Tech Earnings
RiskReversal Pod
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Is There a 150% Moving Average?
I think there's a very good chance you see a 150% move from here. You've had patterns like this before in a number of names. And if you look at the low we'd recently made, which we did it on three and a half, four times normal volume, which to me reeks of capitulation. It doesn't mean the company's fixed. And it doesn't mean quite frankly the stock is fixed. But that's been, you've probably seen a half dozen times if not more, 35 to 50 percent moves to the upside in this name.
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