I'm confused as well. Still trying to figure out the short situation. I have been buying on the dips into the 2.50s and selling in the 2.70's. I just have to be carefull not to touch my base because this has to move some time and I want to make sure I'm on the boat.
there's a huge short position right now. Ppl are being cautious because no one wants to be a bag holder. Over the past few trading sessions I've noticed wholesale buyers stepping in. Imo We're gonna be in the range until they've accumulated enough of the short position to let this go. Trade smart
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