E-Home Household not yet done falling. EJHDown we go some more on the impulse.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
EJH
$EJH Shares of Float Shorted Jumps to 14%Rationale:
EJH is currently trading at $0.25 representing a significant value ratio with regard to its underlying operations. Revenue growth YoY has increased 61%, representing its efficacy in retaining net revenue. Shares sold short jumped to 14% of shares outstanding. I believe that it is
1,) Currently undervalued based on fundamental analysis
2.) In a prime position to experience a gamma squeeze due to its large percentage of shares sold short
I will provide a link to perform your own analysis below and have taken a substantial position in this company with a short to medium time horizon.
Volume and price make it a prime candidate for a short squeeze. At $0.25, you can buy a substantial number of shares to drive up volume and force shorts to cover.
www.sec.gov
