If this breaks out shorts need 16 days to cover their entire short position at the average volume. Thats excluding the Fomo volume coming in from the sidelines to compete for shares. The competition should extend this 16 day window.
Any whiff of good news, and thats a minimum 2 weeks before they can close out their positions. We can expect a 2 week rally
Anyways nice to be trading above resistance again. Its gonna b a November to remember. Also remember to pull ur sells and stack some buys when it rallies. Give em a taste of their own meds
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