After lagging behind the other indices is it the QQQ's turn to break out to a new high? QQQ has obviously been leading (not saying much) as of late. Growth seems to be ready to explode again.
So much short interest up here without a doubt. We have grinded the way up and that's not a bad thing necessarily.
Looking for a bit of a move up overnight/premarket then fade the gap after open. Will be heavily shorted almost surely again in that situation as the gap from weeks ago is still to be closed.
Perfect storm as we hold in the general range of ATH's.
Can good news catalysts rock the coke machine enough to pick a firm direction with some sustainability? The charts will tell us soon.
So much short interest up here without a doubt. We have grinded the way up and that's not a bad thing necessarily.
Looking for a bit of a move up overnight/premarket then fade the gap after open. Will be heavily shorted almost surely again in that situation as the gap from weeks ago is still to be closed.
Perfect storm as we hold in the general range of ATH's.
Can good news catalysts rock the coke machine enough to pick a firm direction with some sustainability? The charts will tell us soon.