today yet another small higher green bar with 1c body 1c tail and 5c wick
very stable slow rising pattern holding above the 4.00 TA pivot
the tops got sold into the close but the higher open held up
looks like an inverted hammer or shoot pattern in a rising channel
its testing the tops and shorts are trying to smackdown the daily highs
Shorters are reverting to daily shorting rather than period shorting over 1 week or 1 month say.
BB1 team has spent $100M already and only 10.5 months to go for the remaining 80% of share BB!
They will take out 130M shares out of circulation.
BB2 team (AF) has taken out 30M shares on top of that
The register is tightening the noose around these yankee shorters.
I have said many times, the longer it holds this flatline above 4.00 the more the chart shows a breakdown of this 3 years bear chart pattern. @Simcals chart says it all.
4.20-4.30 is showing expected resistance, should breakout to 4.30-4.65 soon.
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Open | High | Low | Value | Volume |
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1 | 2500 | 19.990 |
Price($) | Vol. | No. |
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20.160 | 11740 | 2 |
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