They're trying to push it lower here but with no luck. The chart suggests that we are setting up for a small squeeze going into the close. Maybe back to retest 31.
You may be right on the close... nice...
Well that was fun. Looks like a lot of market makers are starting to trade this thing on the long side fianlly and had to close out at the end of the day.
THESE ARE JUST BABY SQUEEZES FIGHTING BABY BEAR RAIDS...The BIG SQUEEZE starts next Tuesday !!!
True, but I was playing intraday trades. Honestly I can't believe anyone would want to short or hold onto thier shorts here.
Could pop slightly higher here today but i think the struggle will be to maintain the $31 level into the final minutes. If holds, would set up nicely for continuation tomorrow.
Just hit $31. briefly but looking strong and all the technical indicators are decidedly bullish. The days are getting shorter and shorter for the shorts.
Sentiment: Strong Buy
Shorter and shorter days = GREATER AND GREATER SHORT COMPRESSION!!!
QCOR shares are in very strong hands and many shorts are frustrated having to buy from themselves.