Short squeeze happening
High shorting volume, breaching 52 w high, short-sellers are holding in pain. Potential rise due to short squeezing. I'd recommend bears to get out before it goes apeshit, or at least be prepared for loss cut. It can be a good opportunity for bulls to get in. Good luck trading.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.