savepiginvest

Photocure $PHO trading above previous top as shorts reduce pos

OSL:PHO   PHOTOCURE ASA
The Photocure share price has been increasing steadily even in the face of short sellers thas has been adding to their positions in Photocure stock for three weeks straight.

With the stock now trading above the last top, longs will be hoping to see a short squeeze effect in the the price development.

Recent 50SMA / 200SMA golden cross.

Top 20 ownership increasing steadily.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.