Wednesday, February 15, 2017 9:32:39 PM
shorting tends to do that: it keeps some buyers on the sidelines.
so they study the support levels as they plot their entry points.
there is still massive pent up demand for this stock.
you will see some of that pent up demand play out the next 2 days.
as I have indicated, stock has significant support at the current levels.
it will be very hard to push this down from these support levels.
also consider this: some of those high fliers will start to come down tomorrow and friday as profit takers wont want to go into the long weekend without taking home their profits.
translation:
it should have no trouble rising the next 2 days.
stock is oversold and undervalued. and the fundamental picture keeps getting better.
there is exactly zero negative news of any kind from this companies.
all of the hammers going forward are big.
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