Aug. 12 at 4:01 PM
lowfloatreport.com/ -
$MRCY ⬆️ Gap-Up-Stay-Up alert: an aerospace & defense name exploded off yesterday’s
$53.58 close with a +9.13% gap, opened
$58.47 and is still hovering near the
$67.25 HOD at
$65.91 (+23.01%)—classic evidence that fresh institutional buyers swallowed the overnight supply instead of letting price drift back. 📈 Volume is screaming confirmation: 1.5M shares = 5.71× the 649K daily average, turning over ~2.6 % of the 58.8M float before noon, while 8.55 % of that float is short, so each tick above the
$58.79 pre-market top ratchets up squeeze pressure rather than fade risk. 🔥 Holding a +12.72 % cushion over the open and well outside a
$2.59 ATR shows momentum traders in firm control; as long as price camps above the gap top (~
$57.93), the “stay-up” pattern argues for continuation runs rather than a gap-fill pullback, especially with shares still 31 % below ATH and a fresh upgrade catalyst adding rocket fuel. 🚀 Full data: LowFloatReport.com
