Thanks Bob. @nunner67 I think I found this on Investopedia or similar 'The short ratio is a figure calculated by dividing short interest, or "days to cover" - that is, days required to close out all of the short positions - by the average daily volume in a stock. Many investors see a higher short ratio as a signal of an impending upward move, as short sellers may come in as buyers to cover their positions.'
Hi Bob, hope you had a good day today. Question, when you are finding stocks on your watchlist, do you look at yearly charts first then intraday, or lookin intraday/weekly then see where it stands on a longer time frame? Thanks a ton.
Generally, I look at the longer term chart first to see what the trend is and to see what kind of resistance there might be. Then I look at a shorter time frame.
Thanks Bob. @nunner67 I think I found this on Investopedia or similar 'The short ratio is a figure calculated by dividing short interest, or "days to cover" - that is, days required to close out all of the short positions - by the average daily volume in a stock. Many investors see a higher short ratio as a signal of an impending upward move, as short sellers may come in as buyers to cover their positions.'
Hi Bob, hope you had a good day today. Question, when you are finding stocks on your watchlist, do you look at yearly charts first then intraday, or lookin intraday/weekly then see where it stands on a longer time frame? Thanks a ton.
Generally, I look at the longer term chart first to see what the trend is and to see what kind of resistance there might be. Then I look at a shorter time frame.
http://bit.ly/2oZVJz7
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