still possible for more short squeeze action.
short term time frames still trending up albeit on very low volumes showing a very low supply (or demand?). With a short interest hovering around 25%, there is still a possibility for another short squeeze considering how much the short interest has grown. Further increase in the price will force shorters to cover on what they thought was full proof short.
Until the downtrend is confirmed, risky to shore still. If one is still strongly inclined to short, id buy put options with long expiry dates (late 2019)
Until the downtrend is confirmed, risky to shore still. If one is still strongly inclined to short, id buy put options with long expiry dates (late 2019)
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