May. 14 at 10:29 PM
$NRGV when it flies out of
$6.2, it will fly like
$POET which started at its cup tip
$8, today
$POET is at
$21!
I expect that short covering will continue tmrw. It may surpass
$7-9 tmrw.
Next Monday, the 4th day of short covering, and tuesday, shorts will turn around to bull it. It might test
$11-12. But we just dont know what will happen.
What we do know
1. No major resistances between
$6.3 and
$16-22.
2. In the middle of short covering
3. At the tip of a poweful textbook cup formation
4. Th cup formation has 90%+ success rate
5. It will fly out double or triple
$12 or
$16-
$22 per observations
6. Technical indicators and trendlines and tailwind support continueing price appreciation
7. The Street is busy in figuring out what it is worth for their world-only commercial level of proprietary Gravity energy platform, so it will try any prices till settled
8. The battery guy like
$BE keeps running to
$305! This may spell out
$NRGV a grid system guy could go
$20-
$30.
