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Re: Munkie post# 37931

Thursday, 02/04/2021 10:32:54 AM

Thursday, February 04, 2021 10:32:54 AM

Post# of 70587
Let's put it in perspective here short percentages have been increasing daily, that to me means they have been adding onto their position trying to force the price down but they have been unsuccessful thus far only managing to push it down a couple of ticks here and there. Historically I've noticed at 60 to 62% short percentage we see them start to cover, as of yesterday we were 59% if we hit the ask hard together and push passed their resistance points from .005 to .0053 we can force a cover and they will have to buy in to cover their positions causing a big price increase. Seen this how many times here now. Just my opinion anyway
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