Heavily shorted and increasing short float.
Stock in an uptrend.
Before Oct 21, we should see an increase of at least 50% as some shorts cover.
Using options so no SL set
Target for exit is roughly $32
Stock in an uptrend.
Before Oct 21, we should see an increase of at least 50% as some shorts cover.
Using options so no SL set
Target for exit is roughly $32
Trade closed: target reached
Note
Another position taken on BGFV using previous profits. Using $30 strike with a target of roughly $40.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.