Shift in the dynamics between bulls and bears for NYSE:PATH

Here we have another example where the dynamics between sellers (bears) and buyers (bulls) have shifted. The first indication of this change occurred in May 2023, where bears failed to establish a lower bottom. Instead, bulls broke through the previous lower high and pushed the price up to $20 in June 2023. In September-October, the price formed a higher low, and by the end of December, it became evident that the dynamics between bears and bulls had changed. This was further emphasized when …