We have had a lot of questions after yesterday's tweet about the #ShortSqueeze Signal in #AMC.
Below are some answers to the most common ones.
If you have emailed our support please bear with us, we will reply to your email. Please also remember to use the help on the platform.
"44.53% mean return" refers to the history of this trading signal in $AMC. The signal has happened 12 times in the past, the average % change in the share price 6 trading days after the signal has been +44.53%
#ORTEX generate many different types of trading signals. you can read more about them here - public.ortex.com/trading-signal…
as well as on the help section on the platform.
Yes, we do have #ShortSqueeze trading signals in $GME as well. For example, we triggered all three types of Short Squeeze signals on the 13th and 22nd of Jan in #GME.
Our #ShortSqueeze trading signals are generated based on all the latest data available at 7am ET, including the latest full daily update of #ShortInterest and securities lending data.
#ORTEX Trading Signals do not come with levels.
Type 3 is not more significant than type 1 or 2, the different types are looking at different aspects of how to identify a #ShortSqueeze
You can read more about it here - public.ortex.com/trading-signal…
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A #ShortSqueeze signal was generated based on the recent price increase and the high shorting level in $AMC
The mean return for this signal is 44.53%
ORTEX Trading Signals are based on historical performance and are not investment advice.
#ORTEX Trading Signals are based on historical statistics and machine learning. #ShortSqueeze signals, in particular, are rare, and the duration of the price momentum is particularly hard to estimate.
#ORTEX#ShortSqueeze Trading signals identifies Squeeze events with a high conviction, but may trigger too late, or recommend a holding period that would result in a significant loss.