$ICNT 5-minute surge of 2.71%, trading at 0.1586, with a 24-hour range of 0.1521–0.2739.
Wait for the candlestick to close before making a judgment; don’t take an intraday spike at face value.
When short sellers are forced out, the price often shoots up sharply and quickly, but it can also pull back easily once the squeeze is over.
Wait for the candlestick to close before making a judgment; don’t take an intraday spike at face value.
When short sellers are forced out, the price often shoots up sharply and quickly, but it can also pull back easily once the squeeze is over.