Been watching and trading this thing since $0.09. Couldn't believe the structure and strength of the buying. 1 billion volume past 3 days. 97% shares Sold Short. now there's articles and vids popping up and our beloved apes from AMC GME looking for more nose candy. Something I've noticed is that the past 3 days have rallied @ or near 12pm(Noon) EST as noted on...
BTCUSD has printed an allbeit slanted yet very nice inverted head and shoulders that has retested and played out perfectly so far. The measured move coincides with multiple high time frame short liquidation levels (Not marked on this chart) with the biggest level being a 6 MONTH high volume liquidation level at $74,045. This strong of a #shortsqueeze could easily...
Yet again, we can see GME has formed another massive bullish falling wedge/flag on the 15. A breakout out of this flag should bring a $25 to $50 gap up within the next 10 to 14 days. Stay tuned.
You are surely wondering how long this rally on GME and AMC could go! Let's look at the 2021 short / gamma squeezes to find out! GME rallied from Jan 13 to Jan 28 for 15 days and went up 24X at its peak! That was a gamma squeeze! AMC, on the other hand, rallied from May 13 to June 2 for 20 days, during which it went up 6X at its peak. That was more of a...
r/wallstreetbets recently picked up the GameStop Stock (GME). Why? Because we basically have free money sitting here. GameStop struggled with keeping up with the growing digital gaming market and the price plummeted. With a strong focus on E-commerce, a strong brand with over 55 million PowerUp members and a solid team (Source: r/wallstreetbets "GME FULL...
What an absolute monster Cup & Handle on the 4hr. GME has been on quite the run lately. If this continues we could see another $3 to $7 gap up over the next week or so according to the Fib Ext. And being DFV is now active again, this may be the catalyst needed to spark the fuse on this weekly Bull Flag that has begun to finally breakout.
I already am eating from the trash can all the time. The name of this trash can is ideology. The material force of ideology makes me not see what I am effectively eating. This one is not going to be good for your mental health. AMC just purchased a Gold Mining Company? truth really is stranger than fiction
Get ready for an exciting week ahead with LAZR Luminar Technologies! We're seeing the upside earnings surprise being priced in, coupled with a massive falling wedge that's about to break out above $1.70 and then soar to $2.00-$2.20 on the second wedge. LAZR Analysis: Earnings may be the catalyst for this breakout, but that's not all. I've also identified a weekly...
A short at 0.2889 to 0.2595 with the necessary risk management will bring a 10.17%+ return
Short Borrow Fee Rate Jumped to 939.20% from 49.95% on 2024-04-26 (Friday) I am in again at $0.9 Stop Loss at $0.74 First Sell $2.40 All Sell $5.20 Short Interest % Float 7.32 % - source: NASDAQ (short interest), Capital IQ (float)
AMC on the 60 minute chart shows an early reversal out of a three week downtrend after two months of a wide ranging price action that was sideways. The more or less takes bankruptcy considerations off the table. In the meanwhile, the streaming services continue to beat down movie theaters. No matter, AMC has new bullish momentum and the trading volumes to...
Here is a bullish play on a name you've probably never heard of unless you love bowling lol. I love bowling. Bowlero Inc is the next MOASS that could put GME/AMC to shame. Quick stats: Short Percentage of the Float: 90.4% Short Interest Ratio/Days to Cover: 11.2 Average Trading Volume (3m): 1,270,749 (High liquidity) Cost to Borrow:...
DUOL on the 30- minute chart shows a healthy pullback of about 5% from its ATH reached both Feb 29th and a few days ago. so it is just under a double top. On March 19th, it rallied from the pullback to put in the second ATH and then dropped 5%. The question here is whether, CUOL can attract interest volume and so money inflow to allow a price rise (Wychoff''s...
WORX is shown here on a weekly chart. Basically it has been falling since COVID. Apparently, a Chinese company manufacturing electric landscaping and yard maintenance tools. In the past four days a big move up from 1.40ish to over 3. Looking to the left, it traded at 125 around the time of COVID. The FINRA short indicator had a burst of activity and the...
I am watching TGL for a short squeeze. A recent pivot high in the past year was about 37 and the ATH of 168 was the winter and spring of late 2022 and early 2023. This is an app that matches merchants and consumers with incentives to both to deal and make transactions. I believe that it has been heavily shorted while in a persistent trend down. Relative...
NASDAQ:ZS has been very "bearish" for almost month but we're still in a monthly uptrend. At the same time there are bearish exhaustion signs: weekly bearish upthrust has diminished, and value area has been overlapping for the last three days. This creates opportunity to capture possible short-squeeze. It is a high risk trade given the context but upside can be...
Liking the looks of this on BTC for at least a push up to 70k Could potentially see another New ATH going into next week as well. Lots of liquidations on longs over the past 48hrs. Anticipating a run shorts next.
AFRM is tightening into a wedge on the daily chart. Trying to break out and now sitting up above all three major EMAs. 12% short interest could add fuel to the fire if this decides to squeeze.