SheepTrades

Posh possible early kilroy bottom

Long
NASDAQ:POSH   None
POSH is currently down -75% since it's IPO. It was consolidating in for months between $33 and $50 until most recently it dropped to a low of $24-$25.

Before the big drop short interest was at 33% with days to cover at almost 3 weeks! Luckily for the shorts, no one squeezed them. Since the drop to the $25 level, short interest has decreased to 5%!!!!!

We could be looking at the early stages of an inverse head and shoulders bottom in the making. Time will tell of course.

The company is still growing, recently entering Australia and India.

Ähnliche Ideen

Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.