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Friday, April 28, 2023 11:56:40 AM
Adding more here. Looking for a close that prints a high volume 'reversal bar' today. There would be no better signal for shorty to cover. Besides, we are on the heels of a gap fill and the third of 3 down days. Naked positions must be covered within that time period to avoid the SEC.
The bullish wick below the gap that recovered near the high of the day set the stage for today's rally
if we close above the short term trendline, we could see a multi-day rally into and after earnings.
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