Price surge

I feel the price surge 1min before market close could be one of the reasons

1) insituition buying shares by algo trading just before market close

2) shorts recovering shares. We could see them turn on each other if the bullish sentiments becomes too strong

3) brokers holding buy orders to dump 1min before closing so they share price cannot go up higher. 😕

Moving out from the 50 ema is a booster to a lot of traders plus huge volume of call options were bought for this week expiry till july 19.

Another factor is the theory of RK t+35 delivery of shares by this thursday or friday for this 3m shares. 4m shares t+35 will be july 17 to 19.