Cheetah Net Supply Chain Service Inc. CTNT

Inevitable to go under .80 now

So new Sell wall at .81 of 8300 shares. Let’s see if it gets eaten up..

4 million volume passed. Roughly same time as yesterday.

Everytime they pull it down to .80, somebody is hitting the Ask. The huge bids at .80 disappeared, replaced by much smaller block bids. It’s like they are playing chicken with each other lol.

Big bid at .80 and at .75. Somebody keeps bumping the Ask though…

Creeping towards 3 million volume.

See all the Bears here? They’re simply waiting to become Bulls on it. It’s the only reason why they are here. They talk negative about it until it gets too enticing for them to ignore. It’s the same on every stock, it’s nothing new. Recognize the tactics for what they are.

Here’s the thing; before the unexpected squeeze, this was a stock that bounced between $1.30-$2.00. It had its massive squeeze up because someone got caught Shorting it and couldn’t get out. It then got attacked by other Shorts because they knew it would inevitably return to where it’s supposed to be, in the $1.50 area. It’s been pulled down, now someone is accumulating very slowly, probably hoping to entice another Short to stupidly try it again. If they do, they’ll trap them again. If they don’t, they’ll simply slowly ride this price back up to its normal channel. It’s likely why there aren’t any big Shorts left in this, because they recognize the trap of someone accumulating shares on this small float and are avoiding it.

.83 wall almost eaten up. Someone is nibbling at these Asks….

8200 bid at .81 has been sitting there for 20 minutes. No retail sellers…big sell wall of 25k at .83….