Short Interest: 2.92M shares (18.6% of float)
Days-to-Cover: ~1.7–3.3 days
Borrow Rate (APR): ~0.49%
Put/Call Open Interest Ratio: ~0.88
Volume Put/Call Ratio: ~1.06
30-day Implied Volatility: ~87%
IV Rank: ~61
Suggested Re-Entry Zone: $177.00–$180.00 range (near lower trendline and prior support zone)
Short-Term Price Target: $196–$200 retest (lower high)
Breakout Price Target: $210.98+ (previous peak); continuation possible if short covering ignites
Note: The chart shows a descending wedge pattern forming with high volume flushes into support — historically a bullish setup if it reclaims and holds above $185. A strong close above $191.77 can re-ignite momentum.
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