$POWER had a massive daily candle today, jumping straight up by 50% without even pausing.

This kind of aggressive short squeeze rally often lacks follow-through. Based on momentum, there’s a good chance it will retrace tomorrow, and the probability of closing with a red candle is high.

Right now, around 0.302, I think it’s a pretty good spot to consider opening a short position. Of course, shorting into a strong move is inherently risky—if you get it right, there’s a lot to gain, but if you’re wrong, you could get stuck.

So you have to make your own decision on this. If you can handle the volatility, you might try shorting here; if you think it will keep rising, then go long instead. There are no absolutes in the market—just what works for you.