This wedge has finally been squeezed out and shorters have nowhere left to push. Time for TLRY to make the trek back to ATH - are you in? Don't chase! we could revisit the top of the wedge which would be a great buy point to set your limit order, then set a tight stop below the wedge. Good luck!
AMC has been in this pennant since that ridiculous run in June that we all remember. Meme stocks popped due to reddit and robinhood retail investors taking advantage of the huge % of shorts by institutions. We saw something that has never been seen before and we may be looking at a round two, on a smaller scale however.
AMC has made its 5 legged pennant...
The long term consolidation is fucking insane. It is wedging at a very nice form.
A breakout could happen before November 15th.
The SEC report stated that barely any shorts have covered...even after January's rally. (Only a few small shorts covered but not the big ones) Shorts never covered because brokers took away the buy button. Thus shorts didn't need to...
AMC has been prepping for it's next squeeze for almost 5 months now. Short Interests is at all time highs meaning shorts have not covered and the technicals show bullish momentum starting to build up once again.
Some indicators that suggest the next squeeze is starting.. low volatility, low volume (increasing now), high short interest, pennant close to breaking...
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Opinions on Trade Pattern are Welcome as Always!
Once in a while, Wall St. screws up. They get so greedy shorting a stock that they forget how it can blow up in their faces. $GME $AMC were some of the eg. of Wall St. short positions blowing up.
$SDC is showing the same characteristics. The stock has been beaten down for a few months now, but the momentum changed in August. Bulls returned and were successful in...
Confluences:
1: Stop loss hunt at previous high on weekly level plus a breakout.
2: Price heading towards high of the June(2021) which is an important supply zone with many retail stops.
3: Price has been moving very quickly which signals an over extended market for the pair.
Summary:
Price is currently over extended and has been moving in a up trend for 2...
CLOV (Clover Health) short interest has dropped from the 40%s to the 20%s, which is still relatively high. The technical setup here is optimal after $CLOV fell to 4-month support. I'd still like to see more volume here but we could see a quick pump to the $10 mark pre-earnings (August 11). Following the unusual options activity 32,000 call options expiring Jul 23...
You don't see broadening wedges very often, but ANY's chart is a prime example of what a perfect one can be. ANY is setting up for a beautiful run if bitcoin continues to run.
ST Target - $15-$20
Disclaimer: If you are primarily interested in copying other people’s trades then this is not for you. However, if you are willing to put in the work that it takes to learn how to trade for yourself then you have found the right place! Nevertheless please be advised that you can give 10 people a profitable trading strategy and only 1-2 of them will be able to...
Now you can buy NAKD Naked Brand now cheaper than the institutions that made $100 Million Private Placement at the price of $0.93 per share.
My price target is 1.2usd, with a potential to go to 2.5usd.
SmileDirectClub Inc is looking very bullish on Weekly Chart. It has also formed a double bottom pattern indicating bullish momentum and trend reversal. Short interest-related data is screaming that shorts are trapped. Social media interest and Wallstreebets are hyping the stock. CFO is engaging in marketing activities. This can really run higher.
just some coloring.. could we sell our charts as arts? okay, kidding.
i like CCJ..check out the 9/17 calls 28 strike and the 10/15/21 28's (really anything between $20 and 32ish)
Price prediction. IMO. is bullish. Do i think this exact thing will happen? ..not at all.
i just wanted to draw but its making stops and hitting locations just like before. trade safe...
![ADAUSDT: ADA/USDT Long Position [Short Squeeze Formation]](https://s3.tradingview.com/h/HJjtJlYb_mid.png "ADA/USDT Long Position [Short Squeeze Formation]")
