short sellers delayed the rebound till market open, long downwaard red candle that turned green at market open, could be a fake out or potential for a squeeze
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Cashcauterize
OP
:
if all sellers bought back at the same time potential fake out, if all sellers did not cover at the same time stragelers will have to continue to cover making a possable squeeze
Cashcauterize OP : if all sellers bought back at the same time potential fake out, if all sellers did not cover at the same time stragelers will have to continue to cover making a possable squeeze