Last Post Recap: The downward movement did occur, but it extended far beyond what I initially anticipated. Current Analysis: Upon conducting a technical analysis, there's a high likelihood that the downward trend will continue. Short-Squeeze Possibility: There's a chance we might trigger some short stops before continuing the downward motion towards the...
Based on past trading activity, consider this idea: Today's movement significantly increased OI, possibly indicating buying pressure. It didn't quite reach the support, but that's okay. I'll wait to see if there's a pullback to my buy zone.