Shorts been chasing this $5.20 price for ages. Words of that were around long before Ring Direct, Bell Direct, Harry Potter or whoever did a bearish signal. You see in our transparent market, deep-pocket-men express their desire first, and then come up with all sort of stuff (news article, chart, signal, analysis, reports) to meet the short/buy target.
May be someone else can come up with $0 bearish signal, after all that has never broken, and so it must be a strong support.
Anyhow, great if we go higher. If we go lower, then more lucrative dip buying and short-term trades for me.
Shorts been chasing this $5.20 price for ages. Words of that...
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