New Short Squeeze EV Pick

By continuing to read, you agree to the disclaimer at www.aditdayal.wix.com/disclaimer

Good evening subscribers. I have a new short squeeze pick for us this week. It’s great because I’m seeing institutional activity, huge short interest, and it’s in the right sector as well.

FSR Fisker is the play because it’s the 3rd most shorted stock in the market according to Shortsight S3 data right behind CVNA and BYND which both had huge moves.

#1 The chart is great as it is retesting breakout and closed over the 200DMA which is very bullish.

#2 The short interest has been rising rapidly while the stock is also going up meaning that shorts are piling in while the stock is going up and therefore they can go underwater and be forced to cover if this name pushes.

#3 Shortsight is also showing me there is very low share availability with the best score for bulls (zero)

#4 The dark pool tape accounted for 25% of the average volume today which is massive IMO. This can be interesting since there is so much activity here.

Below are my price targets and stop losses along with the trade I am holding.