FMG Technical Analysis, page-11599

KAPOW
BULLISH V WHIPSAW in full swing

again opened higher +116c
a gapup higher
longer neck 33c v tail 29c again
higher candle turned red but still way higher.

20-22 zone reconnected as i called it would SPOT ON.
where is the resistance and SHORTS? 22 area?
today they appeared at 21-21.50
and buyers appeared again at 20.70 -20.90

SHORTS knocked off the higher open tops today in a false start L shape chart
SHORTS looking for entry again here
but the buyers keep buying
16 to 21 a good mini bull run here but expected by me.

INSTOs are fighting themselves now over the direction
should see this fight continue 20-22 zone.
more bullish room to go up here imho.

SHORTS overnight burnt badly but the daily ones are making money here but even these 50c gains are being squeezed down to 30c into the close right now.

SHORTS not happy here.
BURN THEM SHORTS, BURN.