Replies to post #3119 on $$STOCK**$**OPTION**$**UNIVERSE$$©~S.M. BILLIONAIR

[silencedogood2011]

A stocks ACC/DIS line must have Accumulsation days (buys) as well as distribution days (sells) that shore up support for the next leg north.
Those support lines is what gives an indication that accumulation will begin again once a solid support base is established. The last two days were distribution days but with skewered data (APPL selling off).
As the most current data available shows $39.50 as the major support line with SODA. There was a small downward trend below this level but quickly regained.



Side note: with over 67% short and no selloff has happened as in the past with SODA, the shorts must be getting a little nervous. My personal opinion is next week will give SODA option call holders a better picture of where the stock is headed.