gregcristy

gregcristy

Short positions were built at $37.86 and again at $35.99. Buyers failed to defend $32.90 and sellers were able to "flip the order book". Price is now gravitating towards the sell stops at $31.21 and $28.46. If buyers want to have a fighting chance, they must get price back above $32.90. If they don't, and price is advertised lower, the bulls last stand is the gap...

gregcristy

CORR recently "flipped the book" as price gravitated towards the liquidity at $4.88, which was September high. This forced short sellers to cover (buy), which was fuel to push price higher. $4.88 is a key level and is now firm support as we push above July's monthly low of $5.25. Price closed 3 cents above it, which is bullish. However, more conviction is needed...

gregcristy

Sweeping old higher time frame liquidity. Bullish moving forward as we tested the Q3 Open

gregcristy

measured move

gregcristy

measure moves