last week and this week's action...
I think shorts are churning... covering, shorting higher and then covering... 2 times now in the past several trading days.
we broke down 4.2 twice (last week and today).
curious if 4.2 holds up rest of week.
sooner or later, shorts will have finished their thing..
still, million dollar question and essence is do we attain FDA approval... nothing else matters right now... these volatility right before approval date is normal.
i think if we get through this and next week, a potential FDA delay lessens a great deal...