MMD = MANDATORY Morning Dip
More than 6 years ago I brought the terms "MMD" and "capping" into regular use within this forum.
Here's a link to my using that term in April, 2016. I was mostly ridiculed for suggesting that short-sellers could have such a profound effect upon the stock price. How things have changed! Mandatory morning dip was originally used at a time when you could count on a dip between 9am and 10:30am no matter what the macros were doing. Thus "mandatory". Since the dip often happens right at market open, "Mid Morning Dip" is not accurate.
Congrats my friends on a breakout week for our TSLA holdings!