Not really sure I was actually hoping it would move up a little today too at least 2.50 .... But not looking great ...
Are previous low before we started this move was 1.63 ....
I figured if we went below 2.00. Than 1.60 - 1.80 would be a area to watch ....
Available shares to borrow went from 15k to 850 k this am
Really feel like it needs some sort of move up even if they are wanting to push it lower ..... A correction to the upside ... I say they but its been a mix
So in summary no idea as fractals are out the window if we retrace 100 percent of this move to 1.63 ... And already in red flag territory ... And at that point we are looking at something else entirely. .... As always imo
Maybe it will get some sideways movement and form a base . . I hope so. .... Good luck
Are previous low before we started this move was 1.63 ....
I figured if we went below 2.00. Than 1.60 - 1.80 would be a area to watch ....
Available shares to borrow went from 15k to 850 k this am
Really feel like it needs some sort of move up even if they are wanting to push it lower ..... A correction to the upside ... I say they but its been a mix
So in summary no idea as fractals are out the window if we retrace 100 percent of this move to 1.63 ... And already in red flag territory ... And at that point we are looking at something else entirely. .... As always imo
Maybe it will get some sideways movement and form a base . . I hope so. .... Good luck
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