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Friday, January 26, 2018 8:23:07 AM
21.6% of avg volume of 2.42 million traded yesterday
This is called Long & Strong
Shorts lowered their position
2/3 of shorts put on positions between 1.20-1.35
rest are dead wood
What needs to be avoided
at open they will buy shares with others or bought yesterday at close
as soon as volume up dries up
the shorts & day flippers sell all at once
don't sell into this
patients
i f you need to sell
do not dump have set price
like yesterday orderly and strong
best case for next week
keep tight channel like yesterday
if it gets to high with no news
shorts ad new positions
hoping people get trigger finger waiting for news
ignore dead wood shorts
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