May. 13 at 6:57 PM
$MPT My god this is easy to read.
Higher lows, the floor just continues to be raised. Look to the left, you see the play already laid out.
I've got arrows pointing and circles around the "wicks" here on the 1hour time frame.
Price is being pushed down until demand (buying steps in) and it's just rinse and repeat for the institutional shorts.
This is strategic buying and selling, it's what you do when you have made billions shorting the stock.
They know, what we know and unless retail comes in and blows the volume up. the price is going to continue this way for the foreseeable future.
