Right now, a wall of short sellers is trapped under three different stocks. I think every one of them is wrong.
Each of these names has a big pile of shorts sitting under a price that has already started to climb.
The second they break the levels I am watching, those shorts have to cover, and that panic buying is what turns a steady move into a fast one. High short float has been my whole theme this week in Daily Profits Live and Profit Surge Trader, and these are the three best examples I have.
Quick word on the tape. Last Friday looked toppy and had me second-guessing, then today it snapped right back and closed strong. I think we are going higher into July.
.jpg "The Shorts Are Trapped in These 3 Stocks")
I could be dead wrong, but it is enough to have me hunting longs instead of fighting the tape.
One of the three I already hit hard yesterday. The chart looks like a mess at first glance, and that is exactly the tell, because the volume underneath it says the squeeze has already started.
The second is the clean one, breaking out of a long base with squeezes stacked on the weekly and the daily at once.
The third is a smaller, cheaper name where the calls cost almost nothing, so a routine move in the stock becomes a serious payday on the option.
The names, the levels, the strikes, and the targets are all in the video.