Aug. 19 at 3:01 PM
lowfloatreport.com/ -
$PVL ⬆️ An 8.33 % overnight gap is noteworthy, but the tell is in the tape: price opened at 1.95, dipped only to 1.90, and is now parked on the session high 1.98 (+9.72 %), so the body engulfs almost the entire day’s range—a textbook “Gap Up, Stay Up” candle that shouts scarce supply, trapped shorts, and fresh momo interest. 🔒🔥 Because the float is just 23.6 M, today’s 90 K shares already equal 4.53 × normal activity yet a tiny 0.38 % float turnover, meaning liquidity is thin while rotation is embryonic; that mismatch can keep the gap energized, and as long as price holds above the
$1.90 gap line/VWAP and reclaims the 2.04 pre-market spike, algos keyed to relative-volume surges may press for range expansion toward the
$2.25-2.50 liquidity shelf (ATR 0.06 × 3), especially with short interest at only 0.35 %—too small for funds to hedge but enough for scalpers to chase—so watch turnover: once 5-10 % of float trades, these “stay-up” gaps often morph into multi-day squeezes.
