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Friday, May 26, 2023 2:25:20 AM
NOW WITH VIRTUALLY NO OVERHANG and games being played by MM’s at the TOP of the bid/ask - THE BULLS have control !!!! Tmrw into all of next week we could see a major explosion NORTH on the perfect storm fully coming in to $CNNA.
Anyone with a short position will get wiped out next week on any inkling of FORM 10 or audited fins. Literally blown out and will have to buy UP and then OUT of their positions.
Retail shareholders churning the pps and anything they drop from profits or fear - are literally swallowed up by others sitting and waiting.
HERE IS AN INTRIGUING THOUGHT FOR TONIGHT - when naked short type MM’s enter a stock and play the top of the box at a pps that is BULLISH- it generally means that they are either working out of that position or they are trying to assist other makers who might need shares.
In reality - THESE MAKERS like ACSM- aren’t taking large positions at all IMO. They are here to play the game. Makers make money selling and buying stock. That’s what they do. When they see money being made - they come and see what can be done.
Today was a great example of the games that get played (seemingly) while a BULLISH channel has been built. If they took a position against this - and there is no real dilutive overhang - then they can easily get burned by any favorable Fundamental.
And ….We are expecting 2 massive fundamentals imminently.
LETS LET THAT LEVEL 3 trading knowledge SINK IN tonight for those who are a bit novice to how the totality of the markets work as we might see levels tmrw we haven’t seen in 4+ months. .0065 test and BREAK on deck IMO
https://investorshub.advfn.com/$UPER-$TOCKS-DD-and-RESEARCH-FORUM-31721/
ALL POSTS are just opinion! Never BUY/SELL based on them! MUST consult licensed stock broker!
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