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Bi Trader 03
#SpaceXUnlockLooms $XSPCX 🚀
Short-covering signals are starting to emerge around SpaceX.
After two consecutive sessions of strong price gains, more than 250 million shares are reportedly held in short positions — roughly 16% of the tradable float.
📈 If the stock continues higher, short sellers could be forced to buy back shares to close their positions.
That could create additional buying pressure, potentially accelerating the upside and fueling a broader short squeeze.
The key now is whether momentum can continue and force more shorts to unwind. 👀
#AIInfraEarningsWatch #CPIToResetFedBets
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