The Expedition #10 · a live trade journal $PURR fell 19.9% last week to close Friday at 8.815. The week’s low of 7.99 went under the Oct 19 low of 8.47, so the decline from 14.76 made a new low. Last week’s 25% bounce lasted one week. The structure: · 11.62 still decides the shape. The week’s high was 10.975, so price never got back to it. · 5.77 is where the larger count breaks. It sits about 35% below Friday’s close. · The decline from 14.76 isn’t finished on the chart. A finished decline needs a low that holds, and the low just moved. The token turned with it: · hyperliquid:native closed Sunday at 74.47, down 15.1%, giving back the whole move from the week before. · HYPE/BTC fell back under 0.001, to 0.000996. · HYPE/PURR rose to 8.45 from 7.98, so the stock fell harder than its token. One company fact changed underneath all of it. On Nov 4, shareholders voted 81.4 million to 15.0 million to remove the 12.02 restriction on issuing new shares beyond the cap. The company can now sell stock at market, including below what each share’s HYPE is worth. Thursday’s PURR Read decodes what it has done since. This is a journal of my own trades, not financial advice.
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