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Re: heyheyhey post# 175501

Wednesday, 02/10/2021 5:39:32 PM

Wednesday, February 10, 2021 5:39:32 PM

Post# of 222383
There are two types of positions here. There are those that bought in the triple digits and there are those that bought at much higher levels. Both buyers are needed, but as the price increases the volume will start to decrease and hopefully the daily price range will tighten. Daily dollar volume can reflect the same. I expect the trading right now in the initial move with morning gaps but if this turns into a circle jerk of traders and we see these swings, those higher Price level buyers will bail. We have much more at risk. Strike one.