ok ledge hit +49c higher open now sits as a higher green candle...

ok ledge hit
+49c higher open
now sits as a higher green candle with +20c body 25c neck 11c tail

first positive TA signal since the bull run to annual highs in 20 May
but is it a dead cat bounce (DCB) or is the SHORTING finished ?
Next few days may reveal the trend.

The SHORTS ran it down from 79 to 54 in 1 month, WOW.
a whopping $25 ps
a major success for the SHORTS here.

Its at a 2 year low going back since Aug 2022 bullrun.
that arm down 55 to 46 from mid 2022 is the danger here, will it follow it down or is this the bottom?

30 June coming so expect volatility,
gainers want to cash out 1 July, losers want to cash out by 30 June for tax reasons.

Normally the lows are in July and Oct so long way to go.
Watch for more green TA signals for signs of a reversal.
need a set of them and volume support to show a reversal buy signal.

Trading Rule 10
patience is a virtue, money moves from the impatient to the patient (Buffet)