Up until November 2021, one of the hottest stocks around was Silvergate Capital (symbol SI). The quality of its pattern was so clean, I mentioned it a number of times both on Slope and on my tastytrade program.
How times have changed! I suspect the management and shareholders of Silvergate wish they had never heard the letters F, T, and X in their lives, considering it has blasted the stock’s price down to its initial public offering half a decade ago.
I don’t think crypto is done falling. It’s sort of dying in waves.
