So here's how I see things possibly playing out. We break the wall tomorrow latest Monday.
Scenario 1. A gap up over resistance that will take us and hold us over $4. Many will sell because of the gap but they will not be rewarded with a fill. Big buyers will get many available shares from the gap players and the SP will move up. The perceived weight will be in this area but will not fill just as 2.88-2.92 has to date not filled. Why will it not fill. SIRI will be taken out before it has a chance to drag back down to fill the gap.
Scenario 2. SP linger for a while before the explosion higher as the day wears on.....tomorrow or Monday.
Scenario 3. We gap up over resistance into the 4.05-4.07 area before a rug pull to fill the gap followed by a short covering explosion that holds.
Take your pick....they all look good to me.....here's hoping we get one to play out going into the weekend....I guess Monday will do too...
EDIT: Did see it DM. In fact I was about to buy 3.98 with a minute left and hold a nice chunk of margin into the close but didn't pull the trigger. No matter, still have a load of shares and will buy a break for more.
EDIT2: Scenario 4. The Dogs balls shrivel up and we drag for another few weeks..