Their safeword is $16
Hard, directed price suppression has occurred when price exceeded $16.
They have been stepping price down ~$1.30, seeking pre-spike2 levels of ~$8. This level also happens to nicely fit with the pre-interrupted squeeze that price swung lazily around for 1.5months before it began squeezing.
This is their comfort level. It's why they did nothing for the 1st 1/2 of December. That blatant suppression on 12/17, that was them getting nervous. And, it worked ... for a while. XD
Price will continue to be stepped-down until at least $8.30 is reached and probably until $7 just for good measure.
They have been stepping price down ~$1.30, seeking pre-spike2 levels of ~$8. This level also happens to nicely fit with the pre-interrupted squeeze that price swung lazily around for 1.5months before it began squeezing.
This is their comfort level. It's why they did nothing for the 1st 1/2 of December. That blatant suppression on 12/17, that was them getting nervous. And, it worked ... for a while. XD
Price will continue to be stepped-down until at least $8.30 is reached and probably until $7 just for good measure.
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