Will holo squeeze

The likelihood of a short squeeze in MicroCloud Hologram Inc. (HOLO) is high, given the current technical indicators and market sentiment.

1. Short Interest Increase: The short interest in HOLO has increased by 129.8% as of June 15, 2024, indicating a strong bearish sentiment among short sellers.
2. Technical Indicators: The stock's price is below its 5-day, 10-day, and 50-day moving averages, which typically suggests a bearish trend. However, the proximity of the 5-day and 10-day moving averages to each other indicates a potential for a short squeeze if the stock price were to rise rapidly.

3. Market Sentiment: The sentiment around HOLO is negative, with a high probability of failure for meme stocks, which are often susceptible to short squeezes. Additionally, HOLO has been identified as a potential meme stock, which could contribute to a short squeeze if the stock's price were to skyrocket.
4. Institutional Activity: BNP Paribas Financial Markets acquired a new stake in MicroCloud Hologram during the 1st quarter, indicating confidence from institutional investors. This could be a sign of confidence from larger investors, which might influence a short squeeze.
5. Fundamental Analysis: Despite HOLO's negative revenue growth and negative net income, it has a positive gross profit, which could provide some support for a short squeeze if the stock's price were to rise significantly.

In conclusion, while there are indicators suggesting a potential short squeeze, it's important to note that investing in such stocks carries high risk. Investors should exercise caution and consider their risk tolerance before participating in such activities.