The stock was up 10% yesterday and everything is being blamed for it - product price hikes, short squeeze in futures, adjustments done to overseas indices etc.
Interestingly. the open interest was also up sharply. Today the open interest has increased further. Usually a stock going up with increasing open interest is considered bullish.
Any guess where the stock will close today?
Do you think the stock will spike up again today as it did yesterday?
Interestingly. the open interest was also up sharply. Today the open interest has increased further. Usually a stock going up with increasing open interest is considered bullish.
Any guess where the stock will close today?
Do you think the stock will spike up again today as it did yesterday?