Well don't look at the negative aspect of being "negative" for several reason :
- Volume was again solid, we had a second heavy volume day that looks like a good consolidation
- The market was pretty negative so the run up was harder to fuel
- The Short Squeeze still didn't occur if you see how the stock is acting
- We saw a huge selling order at the close (350K) that pushed the stock down to 0,54-0,55 and the stock recovered right back... if we had one or two more minutes of trading the close would have most likely close positive
We could hope that the big sell order at the close is either the final big seller out or shorts trying to pressure the stock right at the close to simulate a downward trend that obviously would fail.
I think today's trading was pretty positive, the stock found support. It isn't the first time we saw huge selling pressure at the close (yesterday too) and in that case we even recover to go back almost positive. They were a huge ask at 0,57 of 65K he was on the road to be eaten completely by the market. (more then Half of it in less then 15sec).
I'm happy about todays activity and look forward the stock running up to 1usd :)
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