There has been 2 buyers for every seller in the market depth (10) for some time. I think somewhere around the low to mid 8's will be the close...
Today's ride has been pretty nice...10c is still the big challenge IMO and this will test the resolve of those who got in the low 3 to 7 cent range to hold out a bit longer as it pushes through the 11 and on...but here's hoping.
Get through the 10 to 11c and we could see 13 to 14 pretty quick I think...although unless some further market data on VPG is released I think this could see a cap....
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