You mentioned "it looks like the gap will close soon".. May I...

Hey @Stevious1 I really enjoyed your read up. I ran out of Great Analysis but I thought I should let you know you still have one from me! Well done on your short term trade there and reducing your risk according to your plan.

You mentioned "it looks like the gap will close soon"..

May I ask, are you referring to the 53c level on your previous post with the charts?

It has prompted me to also sketch an hourly chart just to see if we/other market participants are indeed looking at similar prices outlined below which happens to be an hourly chart with thoughts attached



Seeing as though Smart Money is increasing the short positions into a parabolic spike, which also failed at 150/200 EMA's on the daily chart, it makes sense for a push down seeing as though they trapped a lot of retail.

JP Morgan, State Street, Macquarie, basically every key player in the financial world has BOUGHT positions INTO the parabolic highs, trapping RETAIL purely so Smart Money have the ability to drive it down as SELLERS themselves + their cronies!

The Daily chart now showing 67c bids hit could most likely wipe out the 66c Covers. 60c could be on the books short term if not, lower for the gap fill. The time to be long has already "long" gone. No puns intended SYRAH the stock that has probably burnt way too many! GLTAHZ!