The #1 Reason This Stock Is A Short Squeeze

3 Oca

The problem is that short sellers
are trying to push the price of this stock
downwards.

Because we are in a bear market.
How do we know this ?

If you look at the latest chart
of the sp 500 here SPX
You will see that the price

has crossed below the 50 EMA
this is a taking profit signal.
And also shows you that we are entering

a potential bear market.
Many people think its because of the
drop in the fed funds rate

which could be the cashflow investment
most stocks in the market market

Now look at this chart of FOX
notice that the price is above the 50 EMA
also notice that the price is above the 200 EMA

This is also referred to as the rocket booster
strategy.

But the last step is the price
has to rally in a trend or hit a new high


Remember these 3 steps:

1. Price is above the 50 EMA
   
2. Price is above the 200 EMA
   
3. Price has to rally in a trend or hit a new high
   

As you can see on this chart the price
has hit a new high

but it later on dropped
that is your entry point.

Rocket boost this content to learn more.

Disclaimer: Trading is risky
please learn risk management and
profit taking strategies.

Also feel free to use a simulation
trading account before you trade
with real money.