It would be a double bottom, before the big run...
Your right about them covering, but perhaps the computers and market makers, do these things, like a double bottom gap close, to give the hedge's that shorted, but have not yet covered, another opportunity to cover lower. I would sure like to see this stock trade in the power zone, when shorts have all covered, between 70 and 100 RSI for a long run past $50.00 a share, a small price for what will be one of the largest solar energy companies. Ecologically responsible, renewable energy, is a far more important endeavor than Apple, Google, or Netflix. I was in at $4.34 and $5.50 but I will still be increasing my position 700% if the gap closes at $3 and increasing my position another 1500% if it goes to sub $2...
Happy New Year Everyone !!! Good Luck To All !!!!
