Day 3 longs have been hot on daily runners that hold at least 50% of their initial run betweeen day 2 and day 3. VERU consolidated nicely below main support of the initial push. Although day 2 was a massive sell off for the stock, price was holding a better part of the gains tow EOD of day 2 and that gave a little bit of confidence to the bulls.
Key pivot are was 10.7-11 where the majority of stocks were traded the second day. Once price got above this area, every single short that started shorting on day 2 and/or added to their short positions on day2 where practically underwater.
Managed to snag in an early long position at 10.3 and then added at 11.3 once key areas had been cleared. Waited for the HOD clear although kept my expectations quite low and sold in the 12.5s and then 13.5s
Key pivot are was 10.7-11 where the majority of stocks were traded the second day. Once price got above this area, every single short that started shorting on day 2 and/or added to their short positions on day2 where practically underwater.
Managed to snag in an early long position at 10.3 and then added at 11.3 once key areas had been cleared. Waited for the HOD clear although kept my expectations quite low and sold in the 12.5s and then 13.5s