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Pattern traders are literally retarded.
You can see how badly they want the new trading pattern to match the one from a month ago. Stopping at the same price-level, then going sideways with bumps of the same magnitude as before.
Remember that pattern 3 months ago was news-driven. First the earning's report sent stocks diving, then a stock buyback sent it back up. But the current pattern has no such driver, it's just going on its own whimsy, copying the last pattern.
Even worse? They're trading Cover corp along the same lines. When Niji stocks shit the bed because of bad news, Cover stocks do the same, even though their situation is totally unrelated.
Pattern traders are literally retarded