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TECHNICAL ANALYSIS | September 19, 2019
The Short Squeeze
When a company is heavily shorted with expectations that its poor fundamentals will push the stock's price lower, the large number of shorts can be a reason for the exact opposite to occur; a quick rise in the stock. This is called a short squeeze. We shall look at this interesting phenomena using Pier 1 Imports (PIR) as our example.
by Stella Osoba, CMT
Technical Analysis of STOCKS & COMMODITIES
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