Short squeeze mini series # 29

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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 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.
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Tips:
*** SPX'S Index is in a peak/correction mood!!!
***This could turn out to be, not a short
squeeze!! rather a crashing stock !!!
***Or my work could be just wrong !!!BYND

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ملاحظة

Bears still in control, lower line of the channel is our target.

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ملاحظة

101 text book channel targets , All else equal, 230 is next target. 3ed time we

touch the trend line, check company's finance, this could be a good place to buy

if the market does not tank ;-). This is a perfect place to place an order an go long.