Since january the volatility in BLIAQ made it clear that it was going to make a massive move soon one way or the other.. potentially in gamestop fashion for upside however caveat emptor status may have shut down this move entirely. The fibonacci potential took a hard shift since the low the market makers artificially created on June 3rd. Caveat emptor status chased out all buyers so only the market makers themselves were determining price. MM brought price to almost 0 to scare the retail investors to sell before bringing it back up. No buying pressure from retail ends the short squeeze. Need CE to end to bring back the potential.
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