Insignificant reduction I would say.
However, this beautiful chart setup as a cup and handle was just posted on StockTwits.
Very strong and positive chart signal. So I would assume that those shorts may want to cover in full rather sooner than later.
As it also looks like the chart is finally turning with a possibility for a Golden Cross, all coming from a cup and handle position.
https://stocktwits.com/Atlsutiger/message/450401906
Great chance for a nice break out to the top. Will the right news ignite the chart fireworks?