Aug. 21 at 7:00 PM
lowfloatreport.com/ -
$SLGL 🚀 Intraday momentum is ripping north as price vaults from the opening print at 18.90 to 26.00, a +37.57% launch that dwarfs the modest 2.72% overnight gap; chewing through the early 26.89 high and stretching nearly 14 × the 1.80 ATR before lunch shows bulls steering the tape, while 5.61 × relative volume (91 K vs 19 K avg) reminds us that every 1 K-share sweep can yank price a full percent in this paper-thin book. 📈 With float capped at just 0.84 M, today’s turnover already equals ~11 % of available shares and could eclipse 100 % if this pace persists, meaning every bid acts like a firehose into a thimble—fueling a feedback loop where momentum algos, breakout chasers, and jittery shorts all pile in; watch VWAP as rising intraday support and that 26.89 pivot as sentiment line in the sand—hold above and the float can recycle multiple times before exhaustion, fail and gravity may remind traders that biotech charts carry wings 🚀 and anvils ⚠️. Full data: LowFloatReport.com
