Replies to post #23229 on lowtrade

[lowtrade]

AOB

Looks like shorts taking profits above $1.00 delisting notice. The short position was around 5% and Short Squeeze reported a decrease of -4.9% today. http://shortsqueeze.com/?symbol=aob&submit=Short+Quote%99

When you see large volumes at the end of a long walkdown, always expect short covering. Especially just above $1.00 listing requirement. Check short interest report to confirm shorts are moving out.

Chart shows a double bottom, shorts leaving confirms mindset change. This info should add comfort to playing a bottom bounce when the resistance down trend line is broken.