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Re: FlyFishingStocks post# 222683

Monday, 11/04/2019 10:55:41 AM

Monday, November 04, 2019 10:55:41 AM

Post# of 429023

5% pop would put the stock up through major long term resistance (ice line) which would then become major support - creating a very unfavorable reward risk ratio for sellers/shorts. No smart investor or trader (swing trader) is going to sell the stock at that level. I don't get your logic in making that broad statement when factoring in support/resistance, unless you in fact believe manipulation (up or down) trumps the above.



Fine, we will see. My prediction is we see an abrupt climb tomorrow after earnings followed by a fade to AdCom. What's yours?
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