fear is evaporating as it moves up off the downtrend.
OLLI is recovering from a long downtrend as fear evaporates, but the speaker frames it as a higher-watch-risk setup rather than a certainty.
The thesis is that OLLI had a “horrible nasty downtrend” because investors preferred tech, yet the sentiment is shifting from fear toward greed. The move described is small and the focus is monitoring the stock as part of the rotation basket, not guaranteeing upside.
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