WSB forms two bullish patterns on a local uptrend. In my opinion, this asset should include everyone who shares social trends in crypto and is at least somewhat favorable towards memes. The formation of two patterns indicating at least an elevenfold gains is gigabullish! WSB = $1 Pay attention to the volume histograms - we have diamond hands. We're ready, sir.
The formation of a global ascending triangle occurs over 252 days. The price may still continue to move within triangle, and even some negative price fluctuations will not allow us to confidently say that a bear has arrived. It seems to me that asset still has some stage of accumulation, perhaps with prices going up 30-50%.
The potential formation of a golden cross indicates a possible change in the local trend. Taking into account previous price fluctuations after golden cross formation, the increase may be 1,700% from the current entry point. Quite an interesting event, because the market as a whole is bullish locally and globally.
Sideways for six months. Each local pump has support for significant volumes. If you have been accumulating or have recently made a buyback, this is an excellent move for you. Moving averages could potentially form a bullish crossover in the near future. Taken together with market conditions as a whole, this is an opportunity.
www.reddit.com Please refer to the reddit post for more info^^^^^ According to iborrowdesk.com There are only 300 shares available to be shorted and on top of that borrow fees have risen to 7.8%. You know what that means SHORT SQUEEZE
Fibo levels: AB=0.61 XA BC=0.61 AB=$6.65 0.78 XA=$63 1.6 BC=$70 0.88 XA=$94 2 BC=$120 2.24 BC=$169 1.13 XA=$250 2.6 BC=$288 1.41 XA=$763 3.6 BC=$1189 1.6 XA=$1752
Looking at the BBBY Bed Bath & Beyond options chain, i would buy the $12 strike price Calls with 2023-1-20 expiration date for about $1.17 premium. Looking forward to read your opinion about it.
Possible WSB play if network effects of Andrew Tate could influence Zoomer capital to buy the stock as a FU to the monopoly to social media content platforms. However, it does bring into question how much of an influence they really have given how personal savings have fallen back to 2016 levels . This idea is only valid as long as we don't close under $12.05 on...
I'm very bullish on this and long in the position. The Reddit WSB are starting to get behind it and I'm seeing more buying on the tape in large volume than selling. Shorts are in a bad place. Could see 20.00, 60.00, 90.00, or 120.00 conservatively due to very small float compared to the floats of GME or AMC. Full disclosure I'm am long this stock and have been...
10-yr climbing, Dxy rising, stocks are doa I will look for opportunities over the next few months
I heard on Reddit that BBBY is prime for a major pump because Ryan Cohen talked about spinning Buy Buy Baby off into a separate company, which would in effect create an airdrop of new stocks for holders. I heard on Reddit that BBBY is due for a pump because Ryan Cohen bought Jan '23 calls @ a $50 strike. I heard on Reddit that BBBY is due for a pump because...
There is reasonable evidence in the chart to support a price target of 4500, in the current trend this would establish a possible resistance zone
Breakout similar to AMC's, seeing in volume can continue to confirm a move out of this range.
AMC breaking out of its downward channel and looking for daily support green candle on the upper resistance trend line, some volume confirmation and green open on monday could confirm a move higher. First target $24 if breakout is sustained based on fibonacci retracements.
Really solid example of how channel breakouts often retest resistance AFTER resistance has already been broken. I like to think of it as testing the buyers and supply/demand zone to see if resistance can now act as support which would confirm another leg up as we see in Uber. Good rule to follow is to not enter trades as soon as they breakout from a channel as...
Depending on the markets reaction to AMD's earnings after the close today, we could see AMD show confirmation of a breakout from this downwards channel. Relative strength sitting at resistance levels in respect to historical "tops", looking to see if a breakout in relative strength can also provide confirmation after ER. Directional movement also positive....
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BTO $AMC Calls 35 April 1 BTO $AMC Calls 35 April 8 BTO $AMC Calls 60 April 14 BTO $AMC Calls 50 May 20