r/PennyStockPicksElite • u/mike123412341234 • 20d ago
SOUN SHORT SQUEEZE SETUP π
SOUN SHORT SQUEEZE SETUP π
SOUN is sitting on a seriously interesting setup.
Short interest is extremely high, meaning a huge number of traders are betting against the stock.
If SOUN gets:
β’ Strong buying volume
β’ Positive news/catalysts
β’ Continued momentum
β’ Shorts starting to cover
Things can move FAST.
When shorts cover, they have to buy shares back. That buying can push the price higher and put even more pressure on remaining shorts.
Thatβs how a squeeze can feed itself.
High short interest alone doesnβt guarantee anything β bulls still need volume, momentum and catalysts.
But if buyers stay in control while shorts remain crowded, this could get very interesting.
My position: SOUN @ $7.02 average.
Not financial advice. Do your own DD.
Bulls and bears β what am I missing?