The institutional players definitely came in too aggressively on this move. You can see the momentum starting to crack already. Expect the selling pressure to intensify over the next couple of days as profit-taking kicks in and positions get trimmed. The pullback's probably just getting started.
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The institutional players definitely came in too aggressively on this move. You can see the momentum starting to crack already. Expect the selling pressure to intensify over the next couple of days as profit-taking kicks in and positions get trimmed. The pullback's probably just getting started.