Yes! 7.50 is the real stubborn price point. The price action has taken things down so that even if there is a minor price bump it is designed to keep the price from going above 7.50. That is obvious.

Even today where the shorts are very absent, there is very little long side volume and enthusiasm. Something will have to happen to create some long side momentum because right now it is not there. TRE is radio active for the ordinary retail trade.

What charting service do you use to carve out those French curves?