According to FINVIZ right now IQ has a short float of 87.8%
That means of the shares that can be traded right now, 87.8% of them were short when FINVIZ updated that data
that is a lot of shares short....
That is probably why that gap and go circled in green led to such a bullish run.
right now it is at a price where it could possibly bounce, but I would not be surprised to see some more weakness first, especially if so many people were willing to go short
That means of the shares that can be traded right now, 87.8% of them were short when FINVIZ updated that data
that is a lot of shares short....
That is probably why that gap and go circled in green led to such a bullish run.
right now it is at a price where it could possibly bounce, but I would not be surprised to see some more weakness first, especially if so many people were willing to go short
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a stop move just under 22 was perfect
taking some profit now would if you havent could be ideal if your size is large enough and/or a stop move to 24.39
taking some profit now would if you havent could be ideal if your size is large enough and/or a stop move to 24.39
also worth reading: finance.yahoo.c...-213100363.html?.tsrc=rss