RE:RE:RE:shaping upIt really seems as if the shorts are intent on holding this at no higher than $40.00-$40.10 Canadian.
They are willing to sell to anyone buying at this level. So unless we really see some higher buying volume and pressure, or they give up on that target, I think we don't see it past that threshold today.
Overall however, if makes me pretty confident in the stock. The only thing holding it where it down where it is at the moment is the short pressure. And they have to cover at some point, us longs can just wait them out.
Marcel