Oct. 22 at 4:20 PM
$SIRI I spy with my little eye a hidden bullish divergence
ctb and available shares both rising meaning institutions are lending shares out to capitalize on the short demand, but these shares may have a higher ctb effecting the average or be harder to locate, hence the ctb not falling with additional shares. This combined with the sideways price action lends credence to the idea of shorts and buyers both exiting and entering, creating a balance for now.
