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Posted On: 05/07/2020 2:49:19 AM
Post# of 155592
Re: nmbr1stckpckr #32594
An examination of the 1-Day chart from Yahoo Finance:
https://ibb.co/7WcwM5S
You can readily see when the shorts tried to take the SP down by the spikes in sell volume causing short negative impulses; they have to dump a lot of shares quickly in order overwhelm the bids and drop the SP.
Unfortunately for the stoopid shorts, the fundamentals upon which CYDY's current story is built is REAL and investors took each attack as a buying opportunity.
I think the long run up from ~3.13 to ~3.28 near the end of the day was a combination of mostly short covering (bottom half) followed by mostly investors sensing the momentum and jumping in. The last attack were the idiot shorts thinking that it was near the high of the day. Too bad for them a whale appeared and dwarfed their sad attempt.
Tomorrow will be a very interesting day. My bet is that the SP is going to continue moving higher due to how strong it performed today under relentless short attacks.
All IMNSHO.
https://ibb.co/7WcwM5S
You can readily see when the shorts tried to take the SP down by the spikes in sell volume causing short negative impulses; they have to dump a lot of shares quickly in order overwhelm the bids and drop the SP.
Unfortunately for the stoopid shorts, the fundamentals upon which CYDY's current story is built is REAL and investors took each attack as a buying opportunity.
I think the long run up from ~3.13 to ~3.28 near the end of the day was a combination of mostly short covering (bottom half) followed by mostly investors sensing the momentum and jumping in. The last attack were the idiot shorts thinking that it was near the high of the day. Too bad for them a whale appeared and dwarfed their sad attempt.
Tomorrow will be a very interesting day. My bet is that the SP is going to continue moving higher due to how strong it performed today under relentless short attacks.
All IMNSHO.
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