Indeed. Bid support is imo more important as a sign of strength than just continued buying at ask... Sure, it's the ask-buying that get the stock going, but it's the bid-support showing there is confidence in the stock.
yesterdays push was a great a show of strength, now I'd love to see a good week of smaller gains to follow. It would commit people to holding longer and deter the flippers from overdoing it. A close around 15-20% would look awesome for a continued move north.
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