Ever wonder what a massive "pump and dump" looks like in real time before the dust actually settles?
$ZIL just had a wild wick up to 0.00541 and the rejection was almost instant. It’s painful to look at if you bought that top.
Right now, we are hovering around 0.00472 and it feels like the market is trying to decide if that move was a fluke or a trend shift.
The volume on that spike was huge, but the follow-through is looking weak.
If we can't hold the 0.00460 area as support, we are likely heading right back down to where this whole mess started near 0.00410.
I’m seeing a lot of buy pre