It will hold up unless polling it impacted. He'd take his chances <$10 on the binary outcome. Vols will break 300.
Let's see what happens tomorrow; Closed today at last resistance (of this zone) though it did have strong volume so likely to move higher more:-
Elon manipulating the polymarket EC-vote winner binary = rally in the shares. You can trade the thing off the movement in the digital.
Well had I waited a couple weeks and drew that picture when it was at $12, it would be a perfect fit. That said, if my picture is right, then $30+/- would be the top. An 18 point swing.
MagaLongs had a fun ride today, including a trading halt at one point. Gap up, traded higher then ka-blam halt and an almost -10% drop for the day - with monster volume. Did the TanMan cash out haha?
UP - traders earn money DOWN - traders also earn money UP & DOWN & UP & DOWN & UP & DOWN & .... traders also earn money That means many happy traders but many sad investors.