MMs holding price at $17.Somebody keeps buying. Pop coming soon.
For weeks price keeps flat. Clear Indication of Institutions buying at this levels waiting for a big jump in the following days. Seen this type of behaviour before. Stock is flat for two-3 weeks and kaboom! an abrupt 10% move. Not even downgrades affect the price now. Is all about the MM letting it run soon. Patience guys and Stay tuned.
Yep I saw that movement. It jumped to the low 18'sin a matter of minutes. Is amazing how fast the price can be moved when MMs are on the long side. More likely They just wanted to activate stop limits to let it ride higher the next days. Little shorters are out now because they are the first ones in getting their stop limits trigger. Who is playing the big game, dont know but I am expecting PAY to reach $20 in the next weeks.
WLT is another similar example. Trading flat in the low 10's. Accumulation happened and in a matter of 2 days is already almost $2 up. Both are moving on similar ways.
Let's see what happens tomorrow.
Good luck to you.