Short squeeze mini series # 20

What Is a Short Squeeze?
A short squeeze occurs when a stock or other
asset jumps sharply higher, forcing traders who
had bet that its price would fall, to buy it in
order to forestall even greater losses. Their
scramble to buy only adds to the upward
pressure on the stock's price

*A short squeeze accelerates a stock's price rise
as short-sellers bail out to cut their losses.
*Contrarian investors try to anticipate a short
squeeze and buy stocks that demonstrate a
strong short interest.
*Both short-sellers and contrarians are making
risky moves. A wise investor has additional
reasons for shorting or buying that stock.
Comment: Back to the same price at the short squeeze levels we got last reading, but NOW

we have short interest @ 33 %. That's 7 % more shorting out there.

wish you the best
Comment: Very strong middle line of the channel.


Wish I had gotten in at the channel bounce
@sdodson, We will get them next time ;-). Thousand of opportunities will come buddy keep trying till you get one.

wish you all the best.
Nice analysis.
samitrading CollegeofPips
@CollegeofPips, Thanks for your words.

wish you the best.
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