It's getting up from the bullish flag. Slightly climbing up on the support curve. Also there is a huge volume support level on ~16$ (horizontal line) Huuuuge gap to be filled (till levels of 30$) Very bullish on long term. The volume is increasing in buying! Very good fundamentals (free of debt, cash in the bank, contracts with UPS and Ryder) More than 50% of volume is shorted. More than 30% of shares are shorted. Yesterday shorts were lowered by 7% in a day! And free float stayed almost the same! Only 115million shares in total!
For me it sounds like a short squeeze :O
I'm going in!
Comentário
⋅
U.S. House approves $715 bln infrastructure bill $4 bln electric vehicle charging infrastructure.