It’s hard to predict how the shorters will react to price momentum but I have tried to illustrate on a graph so it’s easier to visualise.
You can see if the price hits the $1.20 threshold shorters will find their balls retracting inside their body cavity.
At around $1.50 it will likely cause their balls to feel as though they are next to their heart.
At $1.80 they will experience the LTR effect where their balls are literally in their throat.
Is a short.squeeze and.sharp.share.price.increase.on.the horizon for CXO, page-5
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Last
10.5¢ |
Change
-0.005(4.55%) |
Mkt cap ! $225.0M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.3¢ | 10.5¢ | $536.3K | 4.933M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 96 | 4283334 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 1066000 | 5 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| CXO (ASX) Chart |