NKLA20$ - The Squeeze Spark Price
A successful squeeze is all about breaking shorts stop loss buy orders..
Demand Momentum (buying) is required until reaching the first spark price, then it will autopilot to the moon,, but where is that spark price ?!
Will need to analyze the Short Interest (SI) activity compared to price..
Analyzing the Short Interest history,, it increased from 17.71% (26Feb) up to 36.06% (30Apr) [18.35% increase]
https://www.nasdaqtrader.com/Trader.aspx?id=ShortInterest
Dividing this period into 2 parts:
Part 1: 26Feb to 31Mar - SI 17.71% --> 23.36% [5.65% increase = approx. 30% of the 18.35%] with Price dropping from $20 down to $13.xx, so Stop loss limits would concentrate little bit higher, range $20 to $25
Part 2: 31Mar to 30 Apr - SI 23.36% --> 36.06% [12.70% increase = approx. 70% of the 18.35%] with Price dropping from $13.x down to $11.xx, so Stop loss limits would concentrate in a range of $15 to $20
Why is the strong resistance near 20??
Just an Opinion, not a financial advice!!
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。