Agreed. Last hour of trading will be critical to the shorts. It's pretty obvious that the line in the sand has been drawn at the $2.00 level. The longs are guarding it like a fortress. The shorts want to break through it to start another downtrend. In the middle of the battle lies the $2.00 call options. So the battle line has been drawn...and I expect some fireworks at the end of the day.
IMO, the longs have the advantage because STSI's stock held up extremely well yesterday while the rest of the market imploded.
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