RE:If we can close strong snake123 wrote:
With some gains, maybe a short term reversal. Probably be lots of selling around $20 this time opposed to $21. lower high. cant see what would propel this higher with no new news till Q2 earnings 3 months away
The same thing that pushed it down will push it up... Fund reshuffling.. Some sell on the news, others will buy. Thats all it is - imo.............. The bidders have to eat up the askes to push it to the next ask level... or some open market orders for decent volume can push it up 2 or 3 cents or even more rather quickly.... There were quite a few buy orders at the end of the day, less than selling, and one big one for 28k shares really helped it close higher. I almost bought more at $18.90, but held off... and was suprised to see where it closed.