🚀 LAZR Inbound Short Squeeze Analysis & VIX Index Update - 4/17/2024 🚀

In today's analysis, we're diving into the dynamics between LAZR's price action and the VIX index, with a focus on the potential for a short squeeze.

Despite recent drops, LAZR remains a prime candidate for a short squeeze, especially given the metrics indicating significant short interest:

Short Interest: 82,099,423 shares
Short Interest Ratio: 28.71 Days to Cover
Short Interest % Float: 26.35%
Off-Exchange Short Volume: 1,467,716 shares
Off-Exchange Short Volume Ratio: 60.39%

While LAZR may experience intermittent drops, these are part of the territory for volatile stocks like this. The recent spikes in the VIX index have put some downward pressure on LAZR's price, but if the VIX encounters resistance on the 4-hour to 1-hour timeframe, it could provide the fuel needed for LAZR to bounce back.

VIX Index & Short Squeeze:
The VIX index, known as the fear gauge, tends to spike during periods of market uncertainty. Interestingly, spikes in the VIX can often trigger short squeezes, as heightened volatility forces short sellers to cover their positions, driving prices higher.

Disclaimer: This analysis is for informational purposes only and should not be construed as financial advice. Trading stocks involves risk, and investors should conduct their own research before making any investment decisions.

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