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$DWAC fires off in MidDay Trading. Is it Squeezing or Short Covering? 🚀🚀 #shorts
#dwacstock $dwac #dwac DWAC
Right as I was setting up this mic, this video, we just made a big spike up. So I think it kind of justifies the call out. I was just about to make. The WAC is currently up 11%. Heading to now it's 13%. Now it's 14%. All right. So it's a little bit this was actually really based on a volume spike that we have down here that came in about an hour ago.
And now we have an equivalent volume spike kicking into it. Right now. It's had this very significant swing, but doesn't appear to be any significant news about this. Could be as far as just Donald Trump tweeting, this looks like a 3 to 4 day pattern play out. But also it has squeezing a little bit right now and so what you're going to be wanting to look for is continued volume, continued momentum.
There's a very good chance, if this is just short covering right now, that it pulls back immediately as in like this afternoon, you're day trading or scalping. This is to look for the next big volume surge fire up until the volume dries up and then you'll have yourself a nice short. All right. Good luck piece.
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