Replies to post #4913 on Vericel Corp. (VCEL)

[tothe]

This is an artificial support level as Cowen exercises "At The Market" distribution. See ChiOsc on daily chart.
We had one institutional buyer 70K in the first 5 minutes of trading at the open. On the intraday chart OBV jumped and stayed at a new level. On the daily ChiOsc is flat.
Retail absorbed the rest of the 63k volume money about $148,000 and this has put AccumDist continuing it's 4 day climb.

On the daily chart MFI at least is not dropping like a rock and is showing signs of climbing to 50. Retail likes closing paint on the intraday candle.

On Monday afternoon I sold 11,500 of low floater INQD and reentered VCEL 3,000 at $2.38. I lucked out fill between the .35 and .40! Getting too close for November 9 and possibility of a breakout before the event.