$SOLO only negative thing for me today is the algo trading. It appears like most retail traders are holding. Watching price action to see if MM algos develop a trading range (2.65 - 2.69, 2.67 center)... it currently looks like they might have. Doesn’t mean that it will stick in the range all day, but will bounce around for a time. Company continues to be oddly quiet for a brand that is launching a unique product in about a month. Breakout will continue, but today is likely an accumulation day.
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It is confirmed. As before, any natural action attempting to go above the trading range is getting quickly knocked down with a sequence of small trades. Standard channeling and accumulation.