$HYPE Good work by pulling the rug from under them at the bottom—holdings evaporate by one and a half tenths in a single day, yet the price is pinned dead in the high range without dropping, still refusing to lower. Over four hours, five bullish candles and one bearish candle drive it higher in one straight direction, with both moving averages all stomped down into flat boards. The shorts have long since run out of ammunition—active buyers are taking over and absorbing the sell pressure all the way; the ones washed out are merely floating profit holders and the timid who carried positions but lacked the nerve. In four hours, net is up nearly four points, and this round’s high is only a matter of breaking through that thin layer of window paper. The big players’ long/short positioning is still leaning by a further one and a half times, with longs holding nearly 60%; the big money hasn’t moved out at all—there’s still something to be played for on the way up.