Great!
About 550M shares have been bought above this level (31) the last 24 hours. A considerable amount of the float.
Short sellers, flippers, and dilution have been capitalizing on the morning pops.
Hopefully they dwindle away and the bulls can take over. It keeps grinding higher but it has some headwinds to overcome.
We need explosive volume hitting the ask to really "bring the pain" to short positions.
Total short positions must be in the several hundred million at this point based on the daily volume the last 10 days or so.
Once they feel the pain it should create a frenzy for shares leading it much, much higher.
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