True, I would think that a lot of traders who just got in are setting stop losses just below that 2.86 area as most people know and are worried about price falling and will jump ship. That's where we will be waiting to save their shares from drowning. LOL
I also think that most people are thinking that this will skyrocket like last time and are hoping for a quick spike in price, they will also be scared if this starts to fall.
I agree with you, it is always good to set multiple bids.
My vote is for a nice cup and handle pattern to form.
If this breaks the 6.00 area, I think it will finally see a short squeeze again to 12.00 and more?
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