So the idea is to track 2 possible sources of trades going forwards.
1. Is a ‘short interest’ play (AIRS); and
2 A public scan (BG).
So AIRS the following day:
If I were trading this I would have $9 as the target to exit at least 50% of the position.
On BG
I like the fact that it has pulled back to a volume support point.
On AIRS
That it has cleared the volume resistance point. Which means that it could ramp up quickly as Hedge Funds that are short the stock buy back to cover.
And a bear scan:
Watching.
jog on
duc
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