Spectacular short squeeze so far. Waiting for that insane candle at the top before buying puts. In my opinion puts is safer than shorting here because they dont call them short squeezes for nothing.
In line with previous ideas. Still looking bearish. this rally is much too quick and overextended
coming back to the 62% mark in an ascending wedge and diminishing volume. Looking for the breakdown for some more bear action. From there we can can go higher still or continue prevailing downtrend
And nice volume spike. Looking at a solid point of control around $25
Technical breakdown from rising wedge and double island top. still no volume that will take the direction. either we reverse here, or continue higher. odds are on short
bearish doji bear flag looking to end relatively soon. Looks bearish for multiple other reasons but trade the outcome. it will take a direction after going flat for so long
As expected it was very extended and now entering a correction phase. looking to accumulate between 1130 and 1220. Before long term trend continues
Just adding to the slew of evidence.
Could be headed for my longterm short target of 40$ relatively soon. To be see whether this reverses upwards or continues downward. The prevailing trend is down and the short term trend is also down.Bulls going to have to pull some serious weight to take this to the upside
see attached charts. will be looking for opportunity to close shorts
been following this chart for awhile now. Finally making bullish moves above range. Looking for pullback between 1.20 and 1.30 to double down on this position
Break above 160 could mean higher highs. Break below support could see drastically lower lows. Range bound between POCs. Looking for a breakout or breakdown to trade. Technical indicators show strong pull downward
Very bearish imo. The syncing up of market indexes like this is a bad omen and is synonymous with market manipulation. Be very weary of this market in the next 1 or 2 years. labor shortage and wrecked materials market (lumber/metals/oil) is a few of many other indicators that ive mentioned previously. Recession is very near
netflix earnings tommorow is make or break for this trade. It will either lead the ndx into a super short squeeze or breakdown. Well see what happens and trade the outcome