Short covering Archives

Trading META & TSLA Short-Covering

September 12, 2023 by Danielle Shay

The put/call ratio is extended, meaning the market is ripe for a short-covering rally at any time. Identifying a short-covering rally is about identifying a recipe. The recipe itself may take a while to come into play, but when it takes off, you want to be ready. Being ready means having a short list of … Read more

Short-Covering Rally: Upcoming?

August 29, 2023 by Danielle Shay

The Put/Call Ratio The indexes have been stuck between a rock and a hard place, otherwise known as support and resistance. While many patterns have shifted to the downside, such as the Nasdaq (QQQ), S&P (SPY), Microsoft (MSFT), Apple (AAPL), Tesla (TSLA), and more, everyone is short. This is why traders need to be on … Read more