if volume comes in here with short position slowly coming down but still significant and newly built may see a minor squeeze
share is now above the 100DMA at 3.25 , has set another intra day short term high hitting 3.30 and the space to 200DMA for a test is 3.43 ish - plenty of fuel accumulated short slowly losing value before interest costs.....
Some other short from up higher may cannibalism the others taken mid to high 2's.
more relaxation on the cards in NSW with hospitality soin (still scheduled) to allow people to stand at bars and restaurants......such a move should see and is anticipated to see a further improvement on transaction volumes
23.8 MIllions ish shares still accumulated short despite the company financial results
nothing is certain however, but certainly looking to accumulate on any sudden hft dips..
good luck
TYR Price at posting:
$3.29 Sentiment: Buy Disclosure: Held
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