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Re: Whalatane post# 424201

Tuesday, 05/14/2024 7:18:44 PM

Tuesday, May 14, 2024 7:18:44 PM

Post# of 426504
The key though is the “days to cover” (which has double over the past year).

This is due in part to both an increase of shorts, and a substantial decrease in average volume. 12 days is an attractive squeeze number.

It doesn’t take a lot of effort (volume) to ignite a squeeze. Once shorts are on the run, the stock gains attraction by virtue of its deep “fallen angel” reversal TA characteristics, making it very easy to affect a major trend reversal/run up.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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