While waiting for the a.m. trade indications to come in, I saw an article on ZH about Tilson, Ackman and Einhorn all short HLF. The suggestion was a short squeeze is likely imminent so just being the curious type, I took a look and tend to agree. I'd prefer to catch HLF a bit lower, but that may not be possible if the Short Squeeze is actually taking off, you might keep an eye out for a reasonable entry. I think it also goes without saying that this should be treated as a speculative trade.
The charts...
15 min chart's distribution from the shorts entering, not a huge long presence there yet, but there doesn't ned to be for a short squeeze.
The 10 min chart showing longs entering or shorts covering here.
The 5 min above and 2 min below do show the longs or the BTC orders are starting to come in at a faster pace.
I still might be patient and see if it comes back to you at a better price, it depends on your risk tolerance, but just know it's out there.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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