MYR Charting Thread, page-7

Regarding the shorts in relation to Wednesday's pullback from the EMA shows such a small amount of shares out of the 2.64M shares traded on the day, only 232,373 shares!



For yesterday's candle ie Thursday, I would suspect the shortsell volume is even LESS! It seems like there is a small pause on this. One would think in the last 2 days, as scary as they've tried to make it appear that we would see millions more shares added but alas, not wednesday...and I also suspect not Thursday either.

Friday Thoughts:
I think IF they are going to release Report on Monday next week it would be the latest they have released in the last 2 years . IF it still happens they may take it slightly lower on even less volume unless serious bids got hit which would probably mean more shortseller volume.

IF it doesn't happen, due to stocks gapping up and spiking more on Fridays than most other days I suspect MYR could gap up as it does many times in the past. Provided MYR spikes and closes relatively strong on the day it really could allude to News next week with the potential of a gap up above the 200 EMA however this is really me building a case for either directional move. Markets can always surprise us though so my expectations remain humble GLTAHz