PROM 5.492, long/short ratio 0.36, longs make up just 26.6%
Entry: 5.40, stop-loss: 5.20
Exit: take half off at 5.90, close the rest at 6.02
With 70% of traders short, it can still rise 8%. Either shorts are adding to their positions, or they’re about to get squeezed.
$PROM
Entry: 5.40, stop-loss: 5.20
Exit: take half off at 5.90, close the rest at 6.02
With 70% of traders short, it can still rise 8%. Either shorts are adding to their positions, or they’re about to get squeezed.
$PROM