$IRNT smacked the ZERO short shares 3 times Friday and ended with ZERO available. You have to be kidding me that the borrow fee is 660%. I think everyone saw it jump and the pumpers and bottom feeders killed momentum. Odd chart but actually quite unique. It fell to the highs before the run and then started an uptick using the previous trendline as resistance while still on an uptick. RSI is cooling down on the 15m and the MACD looks strong. MACD is still on a moonshot on the 1h, 2h, 4h and yearly. If this cools down to trend it should take the climb back starting in the $19.95 / $20 range. If the trendline fails, look for support at $18.01 and $16.81. Catching on the $16.81 would confirm a minor wedge. Catching the $19.95 and up would show strength in the trading channel.
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