$ESPR Short squeeze - 1 D Candle
I think ESPR could start to get interested in this level [/ b].
- After a long decline from the peak ($ 40) this year, on 27/1/2021, we are now witnessing a consolidation in the price level.
- I do not look at fundamental information, only technical data .
Indicators :
* EMA21 is the purple line
* EMA9 is the green line
* Consolidation at Slow Stochastic
* RSI begins to change direction
- 26.23M short float (low float)
- Setup: Falling Wedge
- Short floating percentage 32.48%
- Above the consolidation at 15$ squeeze can happen
* It can be very aggressive .. think of all the Short's sellers who will have to cover positions after they see a price level break after consolidation ...
* No financial advice just my personal opinion, make your own DD!
- After a long decline from the peak ($ 40) this year, on 27/1/2021, we are now witnessing a consolidation in the price level.
- I do not look at fundamental information, only technical data .
Indicators :
* EMA21 is the purple line
* EMA9 is the green line
* Consolidation at Slow Stochastic
* RSI begins to change direction
- 26.23M short float (low float)
- Setup: Falling Wedge
- Short floating percentage 32.48%
- Above the consolidation at 15$ squeeze can happen
* It can be very aggressive .. think of all the Short's sellers who will have to cover positions after they see a price level break after consolidation ...
* No financial advice just my personal opinion, make your own DD!
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