So this is the name of the game for short squeezes… I’ve been scoping SXTC 2 months ago and I noticed the massive short float percentage which was at 23% now the short float % is at 5% bc those shorts are getting covered it's only a matter of time for SNDL AND QS TO pop so hold patiently when your playing short squeezes A few key things to look for in this set...
SXTC had a big pop on 7/16 that took it up and through its 786 fib line. After doing a retracement using last September's lows, this level has shown to be an important pivot over the last few months. Late last year it was resistance in December and heading into the new year. Earlier on this year, it was broken through with the 618 fib becoming a very high traffic...
Check Out My Chart My Soft PT is Gap #1 My Hard PT is Gap #2
Probably not my best chart, let me know what you think
BBs Squeezed Into A Pop Tremendous Volume Just Came In MACD Signaling Uptrend $LK Did Well Recently, $SXTC Saw Some Volume & Price Action Gap To Fill Around $0.83-$0.86
On verge of a breakout, plenty of volume lately. Float 13M float
All, This one is clearly a falling wedge with some other smaller plays built inside it. The question of falling wedges is always the same. Where is the bottom of the wedge. It looks to be a bottoming pattern. What I really life the squeeze possibly shifting to positive momentum and we can monitor the volume and see what happens. It may not break now.. I think...
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