Shorters and sellers have been busy assembling a wall of 2 million shares on wall to try and exhaust and defeat buyers. If shorters have not covered thier positions on the last spike i.e Short sales at 74 cents then thier profits are diminishing. I'm expecting a tighter and tigher trading range over the next 7 sessions and the trading update will be released on the 8th session. A good report is anticipated and that's why I don't expect a sell down prior to the report....why would you ? Friday the 28th I believe will culminate in a very tight range of 74-75, the report will be released, and then...sheesh..anything could happen...just be prepared !
ROC Price at posting:
72.0¢ Sentiment: Buy Disclosure: Held
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