I will now officially call that a rally......
Sounds too late, not at all.
I have seen so many long traps in here that it needed to get over the 2,40$ish on a large volume scale and RAD did it.
For the first time in years, it is now enroute for a 4th green day in a row on very great volume.
What is more interesting is the fact that shorts have not covered yet and are most probably waiting for the next ''cover your butt' signal at 2.75$ - 2.80$
Not sur it will get there rapidly as we have to remember that many shorters did it between 4$ and 8$ giving them a lot of margin to wait unless they were on margin calls and in that scenario the signal for them is 2,49$
Have fun
Sounds too late, not at all.
I have seen so many long traps in here that it needed to get over the 2,40$ish on a large volume scale and RAD did it.
For the first time in years, it is now enroute for a 4th green day in a row on very great volume.
What is more interesting is the fact that shorts have not covered yet and are most probably waiting for the next ''cover your butt' signal at 2.75$ - 2.80$
Not sur it will get there rapidly as we have to remember that many shorters did it between 4$ and 8$ giving them a lot of margin to wait unless they were on margin calls and in that scenario the signal for them is 2,49$
Have fun
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