Check out the full trade recap + chat logs at https://www.investorsunderground.com/soly-short-squeeze/

If you’d like to understand more momentum day trading strategies and trade with us LIVE in chat every day please visit http://www.investorsunderground.com/

Review important disclosure information before watching this video https://www.investorsunderground.com/terms/

source

16 COMMENTS

  1. Thank you Nate for these videos! I just want to double check my interpretation of the analysis: Shorts came in because of the hit piece. FDA Approval news trapped the shorts. Volume told the story that this was not the usual potential failed breakout. Volume was biggest in its relatively short history (recent IPO,) so there were no reasons to worry about additional sellers from trapped longs at $15 prior to hit piece. VWAP support verified that this was not gonna breakdown and it squeezed all the shorts who believed this was overextended. Let me know if I got something wrong, because it took me a couple views to understand.

LEAVE A REPLY

Please enter your comment!
Please enter your name here