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
0.000(0.00%) |
Mkt cap ! $235.7M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.0¢ | 10.5¢ | $380.5K | 3.533M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 109 | 7457237 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 2758229 | 34 |
View Market Depth
| Last trade - 12.41pm 08/11/2024 (20 minute delay) ? |
| CXO (ASX) Chart |