1- Do not short one of the most shorted stocks of all times There was more than 30% of the float shorted, one of the most shorted stock ever in term of dollars or percent. So many short sellers in Wall Street. What did you think would happen? Anything above 10% is too high in my book. 2- Short squeezes can be huge, there is not level where "it has to stop...
Ascending Wedge Reversal. Volume is there and ready to go. Generic opioid manufacturers have been beaten down recently over fear of a copious monetary fine, but MNK has an established diverse profile. Do NOT miss this stock when it runs. Break above $4.15 and were off Long Term Target: $12.90
Despite the recent company's efforts to reduce its debit, from a technical point of view, I would be neutral with Teva until we will see a cross-over between slow 200d and fast 50d moving average on a daily chart pattern. For those who are aggressives MACD is still positive but keep in mind the resistence at 19.33 first and 20 after. Exhaustion gap betweeen 16 and...