B. Riley Financial, Inc. - Depositary Shares, each representing a 1/1000th fractional interest in a share of Series B Cumulative Perpetual Preferred Stock
Testing idea risk and reward ratio., That Rily can break out in short run higher , due to news, as trend it is using the resistance as support. here are my position and risk and reward stop.
This chart highlights key movements in RILY's stock with changes in short interest and trading volume serving as focal points. Initially, short interest grew from 4 million to 11 million from the start of November to the end of December, indicating increasing bearish sentiment. However, a notable shift occurred in February, with a slight decrease in short interest...
The anticipation surrounding the earnings report, scheduled for February 28th, has sparked speculation of a potential short squeeze immediately following its release. The forecasted movement, expected to unfold over a span of 6 to 9 days, is characterized by a notable intraday increase, with expectations set around a 15% rise during this period. This bullish...
This stock has been considlating for a while. Super high short interest , low float stock that has so much potential to rip to 30-40$ easily. A huge double bottom was put in with a higher low and now we are considlating between 21.80 and 24.50. If we can break out o this current bullish pennant we could see a move towards 29$. I have been buying this between...
In my past RILY analysis videos, the basis of our theory of a potential breakout and short squeeze was bulls being in control and holding the teal taper. Since then, we've broken through and shown 0 control by the bulls - and bears are now well in control using the strong selling magenta channel.
This company shot themselves in the foot with sketchy dealings and...
Here's what to look out for in order to fulfill our breakout dream and trap all the short sellers (and yes, there are a lot of them). As long as our teal tapered selling holds, we know buyers are still in control and just waiting for the wedge with our stronger selling magenta channel to break loose.
Stay tuned!
Happy Trading :)
Keep an eye out for a break of this magenta strong selling channel - this will be our initial indication of a retest of the top of teal tapered and that is where, if yellow and purple channels are holding price, we can see a large breakout.
Until then, there is a massive short float on this stock so we'll likely need to wait for the teal and magenta wedge for...
It could happen, tomorrow, or in 2 months from now - but the chart is giving us an opportunity to potentially catch a huge move on this one if we break out of this tapered selling channel, as we saw happen before the huge spike in early 2023.
Feel free to reach out with questions or comments!
RILY (Riley Financial Inc.) is a financial company offering diverse services including investment banking and brokerage services. As of the latest data, the stock has a substantial short interest of 10,571,625 shares. This figure is crucial as it represents the total number of shares that have been sold short but not yet covered or closed out.
Short Interest...
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore...
NASDAQ:RILY is about to break out, price action in the recent down trending market is impressive. Long the break out of the flag, anticipated price action and targets are shown on the chart, stop loss 72$.
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This is only my own view and not financial advice, do your own analysis before buying or selling
Happy Trading!
CEOs still decide to put thousands of dollars into random stocks and raise the price of stocks. do you think there trying to manipulate the market or they just want to invest?
RILY could add nearly 10 points by the end of the year, but I'm looking for a short term impulse to the recent highs around 29. I'm waiting to enter until trend line is broken to the upside.
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