Shorts just got forced and you all wanted to short it on no vol last night . If there are no real sellers than it goes higher to find supply.SSDD
If it gets to 60.50-82 will sell rabbits and be flat. If it breaks 59.76 it is ova with 2 5min closes . At all time highs so how high can it go
Nice call Kudos ,we took out the dip buyers pivot low stops today ,see if we have any follow thru to the downside or we do a little bounce .
Does anyone still trade around here ? LOL I covered shorts at the lows today and will evaluate the opening range
Why ? Wait until there is more liquidity and you have enough losers or longs in up here . Only 60 k shares have really traded above 57.50 . So wait until players show up in am . See how much buying or selling interest there is pre market .
When we have all market participants we will see how strong this move is . Look at it on a monthly chart and you will understand . When they break key pivots ,it will tend to test break out area . This is how stocks trade . Now watch the first five minutes after open and first 15 min highs and lows and trade the direction of the break if can not hold open and 9:45 low
Do you see anyone wanting to sell after quick drop . Once it cleared 56 no more losers ,weak hands puked positions at lows and early shorts are getting punished .