Video by Nate Michaud on how to spot the trap in anticipation of the breakout:
https://www.youtube.com/watch?v=Ed7PKLFBHwM
Main takeaway from the video is to look back on the daily chart and see how much volume was
traded as it faded lower into the gap/volume day, then compare the support/resistance where it
was trading during that time to see if that volume has completely rotated early in the current day,
say by 10 a.m. If so, it means shorts are getting trapped and old resistance can become new
support, settings things up for a squeeze.
Video by Humbled Trader on using VWAP for finding short traps:
https://www.youtube.com/watch?v=SxX2JqSlFWE
Trade the Matrix on the various types of short traps that could all reasonably fall under the YGL
umbrella.
https://www.tradethematrix.net/post/short-traps-on-rigged-stocks
Example Charts: