RAC - Charts & Price Action, page-22290

This shows the positive side of very low SOI and more importantly extreme low liquidity. Any incremental (relatively) large buyer or seller moves the market. In this case 50k shares ($85k) buy moved the sp 5 cents (3% pop) in minutes.

We know we have a patient regular seller (10-15% daily). What we don’t know is whether there are any large motivated buyers (or sellers) on the sidelines.

I argue that current holders that held through the pain of $1.20, $1, 90c, 80c, 70c and 65c, can easily hold strong in the high $1 and into the $2 and $3 range. Meaning not much supply to come when buy demand FOMO arrives.