Another morning gapup?
It looks like a lot of bears shorted the bottom while following what they thought was a "clear downtrend".
The market may be forcing them to see an "uptrend", cover their shorts, and go long, so that it can stick it to them again.
It looks like a lot of bears shorted the bottom while following what they thought was a "clear downtrend".
The market may be forcing them to see an "uptrend", cover their shorts, and go long, so that it can stick it to them again.