last 2 hourly bounce highs were $9.05....so if it breaks that level on the hourly for any sustained period of time with decent volume, I think it closes above $9.08.
And I believe the level shorty will start to get nervous is mid $9.10 to mid $9.20's area.
If it can't, it will probably close $8.90 give or take.
GLTY I'm all out...even with the markets coming back 100pts absolutely no movement here.
MM/People stacking the $9.04 and $9.05 everytime it sneaks up there only to shove it back down so it's pretty clear that is tops for today and in this market, not holding anything overnight.
Made some nice $$ here though today on 2 bounces.
Really thought this would have more movement but $8.88-$9.02 is a pretty tight trading range. Will check it tomorrow in the AM.
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