I agree with the general sentiment here that the SP is at a cusp...

I agree with the general sentiment here that the SP is at a cusp of a strong upward spike.

I notice there was an announcement of some sort yesterday and again gap opened. To me a strong sign that the stock is not yet ready to move is that on every day of announcement (red dots) they always end in an upper wick indicating that supply is flowing in on any spike, yesterday was a classic. At some stage that supply will dry up and you will close on a solid candle which would be quite a bullish signal IMO.
Love the way MACD is heading.



2.2% Short position. Worth keeping an eye out for sudden drop in that amount. IMO.



Cheers