Asymmetrical Wedge with ABCD setup
Volume has been low except for the sell off at open. 100 and 50 MA have leveled out. I’m sure the big jump at open were shorts covered and then immediately sold which is why we are near where we started the day. It depends on the rest of the covers honestly. They will cover and immediately sell, That’s been the trend. If they only have two days left to cover I don’t see this squeeze going higher than $20. looking to sell at the $16-$17 Range.
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