We saw a wedge breakout in the near term. Will this potential new price channel hold in the near term? Or will we see a further breakout?
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ItsAllStrategy23 : Think we push 198$ by tomorrow
73372627 : Hope to rise but afraid about so many puts and short sell in the wild. Far to many.
SpyderCall OP 73372627 : If it rises too quickly, then some of those shorts will exit their positions, which will add to the upward pressure.
With the way the price moved up so quickly after earnings, I think we might have seen a tiny short squeeze as short sellers covered their short positions over the few days following the earnings call. But I am not certain.
73372627 : You are right. just look for 9:31:59 and 9:32:59. This will show you the trend. All come from same place on three tranches.
VJong : It looked so complicated . I’m still learning