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TRNX - 0.78 MORNING PANIC DIP BOUNCE

NASDAQ:TRNX   TARONIS TECHNOLOGIES INC
Will be watching this biggest % gainer with unusual volume for a morning panic. I will be waiting for the panic and it to panic around a key support level , will be watching 0.78 , my entry will be around a previous bounce off key support, no panic no play. This has similarities to a oh however this did not break morning spike, but did close very near high of day with really nice deep consolidation. Why would it bounce ? 14% short of the float / 9% short of outstanding float sooo.... shorts cashing out and longs and fomos getting in on the dip
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