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Re: thestreetlawyer post# 16848

Thursday, 08/09/2018 4:52:46 PM

Thursday, August 09, 2018 4:52:46 PM

Post# of 43076
There will probably be some more flippers getting out in the mid 30s, then we will hit the same resistance at 40 that we have previously. Saw a few dips into high teens, so id have to believe some flippers loaded along with the longs.

We have struggled with continuation after moves like today, so tomorrow will be a big test. Theres no downward pressure though, so at worst we should find some support around 30, or upper 20s. A little consolidation at new levels, followed by the Q next week and hopefully a PR of being note free and thats when the fun really begins.