Getting close to capitulation. 56K shorted. Acutal Volume 613K. HFT Manipulation 800K.
The manipulation HFT trades are far outpacing real volume and the short selling has reduced from 50% of actual daily volume to less than 10%. HFT trades are showing the shares are drying up quick and we have a triple golden cross occurring.
What does it mean? The "smart" shorts are getting out of the way before the next break of 5.00. I don't suspect we will break below 5.00 after the next run.