Short Squeeze 101

Short-term bullish, too much damage too quick. Long-term bearish, not pricing in the ramifications of shuttering the GLOBAL economy, & mountains of debt. Definition below for reference.

"A short squeeze is a rapid increase in the price of a stock that occurs primarily due to technical factors in the market rather than underlying fundamentals. A short squeeze can occur when there is a lack of supply and an excess of demand for the stock due to short sellers covering (liquidating) their positions."

TA x Personal Opinion = not investment advice

Commentaire:

Will expect further upward movement from the ETF if can break above trend line. Will not short again heavily until it breaks constricting triangle or hits target.
Bullish short-term... Brrrr