The reversal I was speaking of could only happen with large volume. I was simply stating that the chart has been set up for one via the bullish candle. High volume will come when the audited financials are released, which is any day now.
In reference to the trade @ 47, even if we closed at 45 or 46, that would still be bullish simply because we closed at the HOD.
Take a look at the volume the last two times we hit the high 3's... Over 150 million.
This time, the MM purposely took us down to the high 3's on anemic volume.
We'll probably trade sideways next week or probably start again at 5.