shorting volume chart

Lets have a look see if the algo operator whips it back down like last time there was positive price movement on similar volume.

All things being equal, this should continue to rise given volume, short positions of around 23 million shares and more positive sentiment in the resource sector. But we all know the ASX is not about all being equal. It is 90% about price manipulation and miraculously just after enough buyers or sellers have been sucked in the price reverses.

Looks like a cup and handle break up but given that prices are now controlled by algos we are at their mercy.

Anyway, if tomorrow is another price positive high volume day then I think it is going to get interesting as that will likely attract more interest.