$PNUT

From the data perspective, during this period, the squirrel has made two moves.

1. It rose to the upper part of the range at about 0.8, letting retail investors FOMO into buying, and then started to gradually close long positions.

2. During the process of closing long positions, after following the market's rebound without breaking new highs, short positions were entered.

I have actually mentioned many times that this is the time to act on rebounds, but at that time, it was moving so strongly that probably not many people would have thought this way. We are all easily influenced by the market, and I have also doubted whether I sold too early. But trading is like this; there are no guarantees. The real bull market has definitely not arrived yet. Don't get shaken out halfway; keep moving forward!

Now, from the data perspective, the bulls have also surrendered. Let's see if the previous low support can hold up.