Ok guys I am looking at this from a technical pers
Post# of 75354
(Total Views: 753)
Posted On: 03/08/2019 10:32:42 AM
Ok guys I am looking at this from a technical perspective.There are two things shaping up . I want to post this in order to view this from my eyes.
We are sitting on major support for the third time in several months. Each time it has held. I looked at the short report yesterday and noticed that 62%of the volume was short. That tells me that the shorts are lookinking to push this one lower.
This is very risky to do right now becauese of the big meeting next week and a possible big PR. If they push this one lower the volume is going to flood in to the downside. I think the MMs are going to let it dip below support for a short time and then bring it back to support. The MMs are setting the shorts up for a squeeze, in my opinion because of the news next week. I hope I am right because that would be delicious.
We are sitting on major support for the third time in several months. Each time it has held. I looked at the short report yesterday and noticed that 62%of the volume was short. That tells me that the shorts are lookinking to push this one lower.
This is very risky to do right now becauese of the big meeting next week and a possible big PR. If they push this one lower the volume is going to flood in to the downside. I think the MMs are going to let it dip below support for a short time and then bring it back to support. The MMs are setting the shorts up for a squeeze, in my opinion because of the news next week. I hope I am right because that would be delicious.
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