RE:RE:RE:shortsI believe the first shorting wave started around the $5.50 range.
As shown on the 30 minute chart below.
Then, weak longs or "To the Moon" commentarors, picked up the selling pace.
Check out the daily chart.
Refer to the three crossings on the technical (VI+ and VI-).
Longs continued to be squeezed until last Wednesday. The first signal showing VI+ crossing over was last Thursday.
This could not have been better timed as we walked into a long weekend.
If it gaps, the question is "Is there still powder left in the arsenal for the short sellers"?
2 Hours and 2 minutes to Yuma.
Day Chart:
https://www.tradingview.com/x/UOVNkIyn/
30 Minute Chart:
https://www.tradingview.com/x/Oda096tg/