InvestorsHub Logo
Followers 22
Posts 961
Boards Moderated 0
Alias Born 09/18/2018

Re: Chachang1 post# 42997

Thursday, 01/31/2019 10:10:46 AM

Thursday, January 31, 2019 10:10:46 AM

Post# of 45244
When ASCM appears on the bid side close to the price level it means they’re
covering their position. In order to cover they need to buy back the shares they
shorted so it often provides an area of support.