Strong higher open held for the morning then got smashed lower by the shorts who picked 4.17 as the shorting point. the daily lows of 4.05/4.06 are the prior close of 30 Oct and a support point now.
daytraders at 4.16 got smashed like I did before by these shorters.
expect a close at 4.10 ish as the shorts cover and are wound back from the oversell
If closes at 4.06 thats bearish, long red bar with 10c body
if at 4.16 that very bullish as thats a higher dragonfly doji
from now to close we will see the trend which looks like showing support
still way too cheap for me, should be at 6.00 on fundamentals but these yankee shorters have had their bear run fun for 2 years now so with BB and twiggy buying also, the free float is being sharply reduced & the rerate is on.
Burn those dastardly shorters!
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