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What did I tell you? This is the classic flag and pole. Volume will be huge today. I warned you shorts but no one would listen the last two to three trading days.
According to study, the leg up could be as big as the 1st one which went up $6 after earning last week.
So +6 takes us to a popular target...the prior qtr's target! But then we always lag a qtr behind on hitting the target I agree with.I think I saw a short interest of 5 million or so. That really doesn't seem too extreme...at 10% of float. Probably a trader vs. investor thing that will always be with us...