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
KEY TAKEAWAYS
*A short squeeze accelerates a stock's price rise
as short-sellers...
entry price: 39,18
probable exit: 42,70
high exit: 48,00
major resistance point
ascending triangle forming
bullish signs
company stock dropped at the beginning of pandemic
Crisis Mode - 56% Short Float
Bearish Descending Triangle Pattern
Will not be jumping in promptly because the daily TA isn't screaming bearish conditions, but think this is one to keep an eye on..!
Technically google this is ready to flush (atleast to 29). Checked the google trends and it is so weak in past 3 months (one of my tool to analyze). Also checked the previous earning transcript. Checked the competitions (e.x: DSW).
Just the monthlies, so I am going for:
Apr 18th: 30P
