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$WLD - probably one of the biggest disappointments of 2024.
The daily charts give an impressive idea. An enourmous hype turned into massive desperation and a selloff. Only few retail investors are still above water. Those who bought in the short period when it was below $2.
I am lucky that I am not involved in it. Although I considered investing when it pushed towards $5. Lucky me also had in mind that Sam Altman is somewhat shady and I have little sympathy for the project itself. And so I discarded this idea.
If it gets worse and even $1 seems to be reached, I would expect a significant (dead cat) bounce.
#deadcatbounce