flagged $G at $0.01016 while shorts were getting squeezed 6x volume, +32% and screaming higher. 26 hours later it's $0.00638. down 37% from the exact point the squeeze looked unstoppable.
that's the other side of a squeeze: it clears out the shorts, runs out of new buyers, and has nothing left to hold the price up. the volume that pumps it is the same volume that leaves it with air underneath once the forced buying stops.
NFA.
that's the other side of a squeeze: it clears out the shorts, runs out of new buyers, and has nothing left to hold the price up. the volume that pumps it is the same volume that leaves it with air underneath once the forced buying stops.
NFA.
