If it can break out of the descending wedge, it could run to the $4.93 to $5.00 area.
With high short interest, a positive catalyst could cause a big rally.
Share shorted -55 millions
Short Interest - 19.06%
Days to cover - 7 days
Keep in mind though there is a chance that it could see $3.17 to $2.88 area if the current support fails. It would need a negative shock for that to happen.
I am not a licensed professional. None of the posts that I published are investment advice. Do your own research.
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I am not a licensed professional. None of the posts that I published are investment advice. Do your own research.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。