Aug. 28 at 1:01 PM
lowfloatreport.com/ -
$XNET ⬆️ Gap-Up-Stay-Up masterclass in motion: after yesterday’s 6.68 close we opened 8.83 % higher at 7.27, immediately reclaiming and then holding pre-market resistance (7.46) while printing a 7.48 HOD—now 10.78 % green and hugging the highs, a clear sign sellers are being absorbed; the float is only 61.5 M yet 177 K shares have traded (3.38 × avg), meaning ~0.29 % of supply has already rotated, and with just 1.31 M shares short a single 100 K buy block can shove price almost an ATR (0.56) thanks to thin liquidity. 📊🚀
Historically, gaps that stay above VWAP in the first hour show ~68 % next-day continuation, and with price still 72.6 % below the ATH there’s an “empty shelf” up to the psychological 8.00-8.50 range; hold the gap pivot at 7.27 and bulls can trail higher-low stops while watching for true float rotation—if volume approaches the full 61 M this textbook low-float squeeze can accelerate fast. 🔥 Full data: LowFloatReport.com
