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PIPPIN hasn't had much activity lately, but suddenly it surged, with a single-day increase of 43%. Watching the position in my hands, I didn't know what to do. I just added some chips, only to be wiped out immediately.
Currently, the market is very bearish, with a bunch of bears waiting to dump the price. In this kind of market, you have to guard against a rebound being eaten up, and also watch whether it will continue to surge. This short-term rhythm really tests people's nerves, especially for those heavily shorted positions.
What happens next depends on whether the trading volume can keep up, and how far the bulls can hold this wave.