Thurs will be very impt to hold where we are and if we can, 3.5 to 4 area can come pretty quick. The slightest capitulation by the shorts can be exploited by longs for good gains. The latest gap being filled this fast is very bullish.
Ya mott, it's been a while. I was waiting for a long signal to show up before actively trading VELT on the long side again. Finally got the signal yesterday!
Though not quite a decisive move on the upside yet, better to hold some for a possible gap up.
Yes, that 2.08/2.12 is resistance during market hours.
However, it could gap up tomorrow.