Huge run on stops below that trend line. Obvious places to put stops tend to get taken out.
The next obvious place for stops is in play imo. Liquidity void filled for now and this may prove to be a place of sensitivity, but this lengthy consolidation has got a wealth of liquidity stashed around it.
These ascending triangles are low odds with such significant left side overhang.
FWIW I think this is the final chapter unfolding for the short interest. Stops have largely been engineered around the perceived supports and resistance, now it's time to violently run on them.
Look for a larger wyckoff base to shape in the coming weeks / months I guess.
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