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FlyFishingStocks

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FlyFishingStocks

Re: Biobillionair post# 86583

Tuesday, 08/02/2016 8:08:17 AM

Tuesday, August 02, 2016 8:08:17 AM

Post# of 426304
BB/HDG/others - Let's not underestimate the significant overhead resistance that goes back to early 2014. This band of prices clearly shows 2x the volume of any other resistance/support on the daily chart. Whatever triggered the move (through this heavy resistance) also triggered stop buy-to-cover orders by short and naked short positions. Yesterday is when longs jumped in to the momentum (interim run-up) trade. Much of what we are seeing is TA related, but also juiced by some side-liners who have been waiting (perhaps with inside info) for a blue sky BO.
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Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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