What you need to know about QRVO
Nobody has faith in QRVO any longer. It does indeed have a bullish chart setup, why? Because after its nasty hit, people were covering their shorts and that bullish volume was indeed a misconception. People covering not buying. LOOK at the institution ownership. 93%!!!!! and you may ask about the other 7%? Well... it is all out in the market, being shorted!! 127 million shares in the market, with 127 million shares short float... If that isn't a sign of little faith, i don't know what is.
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