RE:Pull and Tug7Twiggy wrote: This has been really fun to watch the last 20 minutes. Everything the shorts keep piling on the ask is taken out quickly. Got to give them credit. They must have deep pockets, as well as the ones on the other side of the trades . Just hope it isn't some of the boys in "short pants" playing with our pension fund money. This spring is being coiled back with every move. Not selling Canopy anytime soon as I see large gains in the future. Just nicer to see ones portfolio's number up rather than down.
The 5 minutes chart did not tell Short is attacking. All the trades are from retails.
The ressistance at 2.5 is weak. 61 orders for 103800 shares. If short starts attack, then it will break it easily. I think bulls and bears are all waiting for the next earning report. Usually, the short will attack if they see weakness. As for now, we donot see any strength.