RE: World Liberty Financial ($WLFI) – First 18 Hours of Trading
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I think the unlocks are a bit away, so if it can stabilize here, that would be nice. But, if it would dip, it might be that lots of people and their stop-losses will hit, causing a quite ugly price dip... But not really sure what to expect. I would not dare to invest at this level.
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Same here. With the float this big, a stop cascade below $0.22 could get nasty, so I’d only get interested on a clean reclaim of $0.30 or a quick flush into $0.21 that snaps back above $0.22. If it holds around $0.24 and prints a higher low, that’s a better spot to judge. Sitting out until the structure and unlock picture are clearer makes sense.