$FIZZ 4hr HBD flipping previous channel resistance into support. Previous trade got stop hunted but then blew through the moon. Woops. This has high potential. Could eventually develop HBD on daily too if this 4hr HBD plays out. Needs to hold the top of the previous channel. Decently easy risk managment.
Bullish Pattern Breakout
KNEEL BEARS
Tips: *** SPX'S Index is in a peak/correction mood!!! ***This could turn out to be, not a short squeeze!! rather a crashing stock !!! ***Or my work could be just wrong !!! ********************************************************************* What Is a Short Squeeze? A short squeeze occurs when a stock or other asset jumps sharply higher, forcing traders who had...
Bullish Pennant Descending volume during formation PPS above 50MA and 200MA RS above 0, and ascending ATR Ascending R/R ratio above 9 200MA ascending 250RSI above 50 PT = 264.48$
Short interest bubble. Buy all deep OTM calls. Easy +EV bets. Target is 180+
Major structure here: Long Feb 19 $75 puts
FIZZ is within an ascending channel and just bumped of the support line with Hidden Bullish Divergence about to cross over to green. Risk would be back toward the bottom of the channel and there are several resistances on the way up so I will take profits there likely. Not financial advice.
possible head and shoulders. target $75
If stochastic turns around, this could be a nice way to play options as it snakes its way north