Example: LCI short squeeze

Discussion in 'Tutorials, lessons, examples and training' started by Blaine Tarr, Sep 6, 2019.

  1. Blaine Tarr

    Blaine Tarr forum leader won penny contest 24x won weekly contest 20x

    LCI 9.6.19.jpg

    Have to love the old downtrend breakout short squeeze. 61% of the float was short. Meaning they have to buy it back to cover their position. Was only a matter of time before the losses were too much to handle; forcing them to buy it higher. You can use finviz.com to search for high short interest stocks to watch for breakouts as demand will increase as shorts become underwater.
     
    Last edited: Sep 16, 2019 at 1:51 PM

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