News Focus
News Focus
icon url

mc6102

01/26/18 11:29 AM

#3811 RE: Bona Vista #3808

ACRL had hundreds of millions of shares "shorted" on the high volume days... you can see it on the daily short volume. Not literal shorts of course (no shorting conspiracy), but unsettled "long" shares from lots of flips who unloaded for profit, looking to re-buy. Good for them, but settling here and churning for next move.

Of course, time will tell. We can't really do anything but make educated guesses. Money flow and accumulation have leveling out and it looks like they are already turning to go back up. Today will be telling and if it works out we will see the next move sooner than later.

MACD and other chart indicators still real good.

GLTA