RE:RE:RE:HEAVY SHORTING, INSTALL WALL, COVER ALL DAYGo0B3r wrote: This price point hasn't been since January, it was much higher at those peaks. This is going back to Sep-Oct 2018, and looks like the peak of resistance left on the way up. As for the shorties on the state side, it would be as silly to say they are not in play as it would be to say there aren't people day trading this stock.
Keep in mind that volume is a big proponent of a healthy stock and for that to be steady, both shorties and day traders need to be playing her. Then news days become a real show ;).
Good Lord! I did not say they were not in play. I'm suggesting they are selling, not covering. Their selling still shows up as short realted trading in the short reports.
Okay, here's the thing. I'm not here to give you folks a lesson on trading principles. You need to do a little study of your own. However, maybe one of you geniuses could give me a scenario that works for a short trader to make money when the SP is at a many month peak?