Mar. 20 at 4:22 PM
$KNRX There are, intriguingly, very few people on this thread and a low number of watchers, although this may be one of the squeeze candidates. The last three days' off-exchange short sale volume ratio has been over 60%. Two days ago, it was an extraordinary ~75%, and the CTB has consistently been over 200% for a month. MACD 12-26 on the daily chart appears to have been curling up for the last three days. There are a triangle and a rectangle on the 1-hour and 2-hour charts, with potential targets of ~
$2.30 and ~
$6.20, respectively, provided their upper boundaries are surpassed, and momentum continues. Let's see how it unfolds. (not advice, just observations and probabilities)