Seriously?!? I can't find a chart or analysis that substantiates that anywhere
I was merely agreeing with another a R/S is possible. Won't find that on a chart. The Brown gang has to find a way to keep it on the NASDAQ - else it becomes that much harder to sell those PSPPs. Also, the Tutes would make an immediate exit if ZN was tossed to the OTC. Cratering the PPS. If the NASDAQ makes threatening noises, then a R/S would be forced. Nothing that Tutes would ever be excited about. But retail doesn't care.
There are investors, traders,* and marauders. In the world of NASDAQ, investors hold too long, traders keep it interesting and marauders destroy most of the tickers they touch. They will keep promoting while watching for that doji and L2 reversal, then dump while still pumping.
Whether retail watching for doji or yogi does the trick, depends on how much excitement the last PR generates. The Tutes have their favorite algor computer watching the book as opposed to L2 to help with their ongoing dumps. If not enough retail buyers appear as a result of a PR, the computer wins, and the doji watchers lose.
ZN has become an expensive stock to Short. Requiring $2.50 margin per share. Pesky FINRA 4560 requirements. Best to leave shorters out of the conversation. Agree with your opinion.
The Jewel of the Mind is Colored with the Hue of what it Imagines