well apparently those generating the hype dont understand this stock. First there are not enough shares shorted to effect a short squeeze that would amount to anything. And the shorts that are out there know there are plenty of shares available thanks to NEOM for them to be able to cover in less then 1 trading day, so the possiblity of a short squeeze is slim to none, with a float like NEOMs.
The rise in PPS was the retail investors buying, from all the pumping going on on various message boards. I am willing to bet it has nothing to do with shorts trying to cover.
What exactly consitutes a trend change to you....2 days?
I must assume you have not steped back to look at the longer term daily and weekly charts, or that you a long like everyone else here and not being honest with yourself. The trend is still CLEARLY down. Now, that "may" change soon.....but 2 days with no break above resistance and no volume generator does not make for a trend change.
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