The January effect describes the bounce in small stocks decimated by end-of-the-year tax selling. $SECO traded briefly above $3 in March 2021 and has been on a downward trajectory ever since. However, in early Dec. it capitulated and bounced just above $.50 on high volume. If it can break $.55 then Secoo has potential to run imo.
Apple's average true range, measuring its average trading range as a percent of share price, has doubled since November. I'm not aware of any similar analog for a stock that large, that close to ATHs.
