Looks to be heavily accumulated and intraday putting in another retest of support. Unfilled upside gap at $11+ but this could turn into a very long term hold or swing.
OBV showing somewhat of a floor being put in, intraday ranges are still wide but starting to creep back up slowly. After the gap fill at $11 anything could happen. Good luck.
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Trade active since this morning after open. Cost basis is $7.84 personally. Looking for $3-$4 upside from here. Holding
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first upside gap filled and then some, trimmed but still have some size.
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Possible dip back to $11 tomorrow morning...but with enough short interest and the entire market watching I'm sure this has more squeeze potential. 2/5 gaps still need to be filled at some point. Might as well be with the whole market behind it.
Gap - $18.65 Gap - $22.12
might be slightly off, but that's where I have them marked as the closing price.
Just like you said. Great job! What do you think it will go next?
Todoubled23
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@desertsnake78, thank you, sometimes trades play out more than perfectly ha.
As far as the next move..if you're still long it's fine to hold some overnight IMO I just would probably trim way down and lock in alot of profits. I could see a pivot back down to $11-12 and then another possible squeeze in the morning. Whole market is watching...
There are still technical catalysts that wouldn't shock me to see turn into actionable trades again.
I have the gaps marked at $18.65 and $22.12 respectively. Still can't believe this filled 3x gaps in 1 session.