It's a double edged sword... let me explain.
If we lose buying support the MMs (market makers) will win. If people aren't going to buy then the MMs will sell shares, drive down the stock, and they will make their money.
HOWEVER, if/when we get big buying (which looking at the chart we have some good support) the MMs will be FORCED to cover to reduce their losses. This could add fuel to the fire in the event that we have a parabolic run.
At this point it looks like there is accumulation going on and if/when we get big news this will move up and if we move up enough, the MMs will be forced to buy back the shares that they shorted...
I hope this makes sense... basically we just need support (which we have been getting) until we get news in which case we would need big buying and after that it's to the moon, but these things have to fall in place first...
Pred
