Wednesday, October 31, 2018 10:44:03 PM
It's retraced to trips 3 times. This being the third time, way thinner than the first two times. Very low volume, few bid whacks, and the wall is only 12M at 0008. Thats the pivot point now. The first two retraces it was 0005-0007 & much thicker walls.
The float is only 520M, so the reason it's starting to trade so tight is because longs are the majority now. The float will get totally locked up as more updates hit, and it will start to bounce to higher 00's on air.
It's basic math.
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