Lol. Nice show of emotion there @Mariemac. Grab some tissues, mate.
From a technical perspective, (this is a statistical fact) 91.4% of all gaps are closed. That's 9 out of 10...not all, but pretty much all. So yes, the gap has a 91.4% chance of closing. Which i'll happily bank on as I'm already a holder, so I don't need to be desperate.
Paying more attention to how shorts affect the SP has taught me something. I saw how the lowest of the low share price (Dec 21, 2020) coincided with with the EXACT moment of the short attack stopping (this was the moment between Period 2 and 3 of my previous post).
i.e. - shorting is was pushed the SP down, nothing else. Therefore seeing a change in short position NOW can help dictate the bottom of the current trend. And if the shorting has reversed already then I'm less bearish.
Still think I talk garbage??
Chart - Z1P, page-12323
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Open | High | Low | Value | Volume |
$1.74 | $1.78 | $1.69 | $129.7M | 75.80M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 93847 | $1.69 |
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Price($) | Vol. | No. |
---|---|---|
$1.70 | 556968 | 2 |
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No. | Vol. | Price($) |
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1 | 33727 | 1.690 |
8 | 61353 | 1.685 |
7 | 27513 | 1.680 |
4 | 137075 | 1.675 |
6 | 43966 | 1.670 |
Price($) | Vol. | No. |
---|---|---|
1.700 | 30000 | 1 |
1.710 | 60000 | 2 |
1.720 | 75000 | 2 |
1.725 | 29155 | 1 |
1.730 | 78160 | 4 |
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