Analyzing the options chain of GME GameStop prior to the earnings report this week, I would consider purchasing the 25usd strike price Calls with an expiration date of 2023-6-16, for a premium of approximately $1.83. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your opinion about it.
I guess everyone was excepting a short, anyways my short on Arbitrum is still live, my stop loss is out the zone around 1.833...that's where I draw the line in the sand and I cut my losses, as it stands it still looks relatively bearish in my option I have added 4 more layers of bearish confluence to the chart not including the additional 9 plus that are further...
SPCE is at a line in the sand of the chaos of the market. On the 4H chart, price has bottomed and might be making a reversal pivot as supported by a rising line segment on the RSI out of the oversold zone. The though of a reversal is also supported by price crossing over the POC line of the volume profile. Price above the POC line shows buyers are...
The GameStop short squeeze that took place in January 2021 was a pivotal event in the history of financial markets, as it brought to light the power of social media and the complex dynamics between retail investors and institutional players. This unprecedented event, fueled by a group of retail investors on the subreddit r/WallStreetBets, led to the rapid rise...
As shown on the daily chart dating back to last summer SIGA has been on a persistent decline since the cooling down from the parabolic breakout last summer. Is there a repeat in the picture? Fundamentally, earnings continue to be weak. much of the stock is held by insiders and the whole monkey pox thing is settled down although the main product may have use...
As you can see in the chart, this is a very simple idea, this is a broadening pattern breakout that signals the continuation of the uptrend. Then, we have the 30k level that is a major resistance where a lot of people is going to open short positions which can result in big liquidations that will push the price higher. To that we have to add that new money keeps...
PBYI according to the recent earnings as no earnings nor revenue. This is typical in the biotechnology sector. This 4H chart shows a consistent downtrend with a couple of minor pullback corrections shown with a Doji followed by a green engulfing candle but with low volume and the K/D lines of the MACD did not on the histogram. In the present, the volume pattern...
Are you following my research yet? Last weekend, I published a YouTube video suggesting the NASDAQ/TECH were poised for a 15~20% rally - driving the SPY 7 to 9% higher. Now, my SPY Cycle Patterns called today as a Pullback and tomorrow as a Momentum Rally. Get ready for a massive SHORT-SQUEEZE over the next few weeks. April will start off with the Nasdaq/SPY...
Still heavily shorted, fundamentals aren't playing a role in this moving currently. Chart beaten up heavy and volatile. Still has room to go up if it squeezes again. Fib extension for target areas. Small size, wider stop.
Call me crazy, I dont care. Gamestop holding historical support after retracing .886. any breakout outside this channel could sent GME to mars. Measured move, $2k....
looking at gold, looking for a retest of the c leg of the abcd pattern which I have at 1892. also looking for ema cross over, as the AD/money flow are curling over these moving avg's.. looking for a nice pop and cause a short squeeze
oh, yes today was a volatile day, while Powell gave his testimony, the market moved a bit up and down.. With the news yesterday, that the increases may continue, the market was in a panic since a few weeks ago It was assumed that there would be no increases. Surprise the Fed did it again. But currently the market must price in .50 and who knows if .75, what I...
I believe this is a great buy for a swing trade, risk to reward ratio is sick on this one. Look at the volume, Something is brewing. NFA
Oil has broken out of the curved trendline and backtested old support on the 15 min. I have taken this trade with small margin as the overall trend for OIL is down.
I think we are going to get a heck of a short squeeze here and we are breaking up out of a long term down slopping resistance. Not financial advice, DYOR.
after the short attach on Muln that opened after we broke our ascending line at the 16th of feb, we went down to test our support above the 0.25$, which we broke it now, we need to hold above our current box between (0.18$/0.20$), in order to have a reversal and then test our current resistant below the 0.25$, which will give us the first signal for several and...
Bitcoin blasted thru all bunch of major resistance then sells off like crazy.... Bull Trap!!? Bitcoin needs to hold the yellow trend line, at least. Not surprised to see Bitcoin doing this here. Upon all seriousness the markets are still uncertain due to the Macro economic environment. I think the reason for the BTC upside is the fact that a lot of Shorts...
$BBIG: Mega broadening wedge. Vinco Ventures, owner of Lomotiv the Tiktok competitor, will submit a plan and earnings report to Nasdaq to successfully regain compliance. Then they will name a new CEO around the same time the US President will declare an end to to COVID-19 pandemic. The stock price will gap above $1.00 and push up to $5.00 to complete the pattern.