Yes, transaction volume is already known, I guess the market is waiting on the closure of this outage issue.
IMO shorts average is somewhat around $2.7 - $2.8 about 7M from $3.20 - $2.30 10M+ from $2.5 - $2.6 the interesting thing is with increasing shorts, the SP seemed to be held strongly at around $2.5 -2.6 giving little margin for shorts. The last week's recovery is perhaps a test to see how much ammo left from shorts (maybe testing their position, who knows) thus SP got smashed with increased shorts the next day.
IMO once this hits above 2.8, it will go all the way up to at least 2.9 with one or two 10M+ volume day, this is exactly what happens to Z1P at the moment
TYR Price at posting:
$2.64 Sentiment: Buy Disclosure: Held
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