May. 2 at 7:35 PM
$CMCT Keep your eyes on this one. I called this out a while ago with squeeze potential and it's played out great so far. Normally with a squeeze though you see rapid selling at the top without a volume base. That's not so with this one today. Over 10% of the daily volume was up near the highs and you typically only see that kind of a volume base structure when news is about to break because insiders get in first, then tell their friends establishing the volume base near the highs, then the news breaks and price takes off. No guarantees but I've seen this MANY times over the years. GL