BUY Jerry Romine Stocks Conviction3/5 Analysis quality65/100 when the momentum squeeze fires and positive momentum builds on a pullback
The YouTuber suggests buying SanDisk when its proprietary 'momentum squeeze' indicator shows pressure building and positive momentum starts to form during a pullback. This technical setup indicates a potential rapid price movement after the squeeze fires, allowing investors to buy into strength rather than chasing a rising stock.
“Here's a chart on SanDisk, ticker SNDK, one of those memory names. Down here at the bottom, these red dots are what I call the momentum squeeze. The simple way to think about a squeeze is pressure. The stock is getting compressed, energy is building up, and sooner or later that pressure has to go somewhere.” — ▶ Watch clip