I am up on this one... not sure how to play this or to predict the future, but we know..
- volume is increasing, so charting 101 says that is a good thing, the Trend is Your friend, hold until volume starts to decrease
- The stock has been in Distribution since the start of this big volume, which is interesting. TO me, tat wold indicate new shareholders buying in. This provides a market for kalani to sell into, thereby achieving this financing. Not that I understand it that well. Just my theory from what I know. So that bodes well as well. RSI. Money Flow is fairly neutral.
So, hold until volume begins to drop off or there is a reversal.
I think a Short Squeeze is entirely possible, and much of tis volume may be coming from Shorts, not sure how that would affect the A/ D line.