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Pumpanddump

INBS pumped on earnings crush= Watching for LONG maybeINBS crush earnings and went parabolic on an earnings beat. Basically, revenues fell but with belt-tightening and good CEO actions it bled less cash than expected. The tourniquet is working. The post-earnings pump was followed by a flush to the mid-Fib 0.5 support. Trader's got their reward and called it a weekend before lunch. The chop index fell into the consolidation zone and the MACD turned bearish. See the 5 minute chart image inserted to the left. The RSI lines are about 50 maybe with a crossdown impending. I have this on watch for a reversal up. Much will depend on general market strength on Monday. Biotechnology is projected as a hot sector now. This stock was among the hottest of the day. Hoping for a bullish continuation knowing that a trend down is likewise possible.
NASDAQ:INBS
by AwesomeAvani
2
BFRG AI penny stock ready to SHORTI have been in BFRG since the November earnings it has done 300% over that time almost all of it in one week. There are no options on this one. The RSI indicator tells me that it is now overextended and overbought. This is confirmed by a reversal signal triggering on this 60-minute chart with a mass index indicator below it. The topping candles with long wicks is another hint of the price action underway. I am closing my long position over 300% gain and instead look for a short with the profits to retrace from present price to to the 0.382 Fib retracement at about 5.65. Stop loss above the wicks at 7.7. I expect the trade to last this week and part of next.
NASDAQ:BFRGShort
by AwesomeAvani
SEC Manipulates Bitcoin with Fake ETF Approval News-Intentional?Trigger Warning: This video may offend those who are religiously dogmatic in their political affiliations. Do not watch if you prefer not to have your gods critiqued. I had just put out a video earlier this morning warning you all that the SEC and Gary Gensler may pull some tricks out of their hat. A few hours later, the SEC puts out a false tweet, liquidates millions, and claims that their account was compromised for the first time in their X history. Something very much doesn't smell right here folks. But, unfortunately, none of this surprises me. I literally titled another video a few days ago, "Expect the Unexpected". Now, we can see firsthand exactly the type of shenanigans I am referring to in these two previous videos.
INDEX:BTCUSD
by stewdamus
Nobody is talking about Voyager.OTC:VYGVQ took a one way ticket to Goblin Town after the fall of Voyager Digital. For the past year the sock has been trading sideways with little action. Maybe it's the copium talking, but I have suspicion that OTC:VYGVQ is not dead just yet. Here are a few points to back up my hypothesis: -There is a massive butterfly harmonic that just completed on the 3D chart -U.S. regulators have charged Ex-CEO Steve Ehrlich for fraud and deliberately lying about customer asset protection. Funny things always happen with law suits and bankruptcy claim. -The stock recently broke out of descending wedge with a massive wick up to 0.2, which makes me think some bigger money is entering. Could it be the Composite Operator? Ehrlich? An activist investor? Who knows. 0.2 and 0.5 are key levels to watch historically; straight up and straight down between these areas. -Lastly, and maybe the most far reaching point yet, there is a prominent gap on the daily @ 1.92 meaning there is some trapped liquidity up there. The gap occurred during a weekly transition which increases the odds of it being filled from my experience. Now it could take months, even years (potentially) for OTC:VYGVQ to reach that level again (if the stock doesn't die and get delisted, which could definitely happen). Only time will tell. I'm letting it ride for now.
OTC:VYGVQLong
by thomaszkry
Plug Power -> Another 10.000% PumpMy name is Philip, I am a German swing-trader with 4+ years of trading experience and I only focus on price action and market structure 🖥️ I am trading the higher timeframes because this allows me to massively capitaliz e on the major market swings and cycles without getting caught up in the short term noise. This is how you build real long term wealth! In today's anaylsis I want to take a look at the bigger picture on Tesla. Looking at Plug Power stock you can see that after the recent -90% correction Plug Power is now retesting a cluster of support zones from which we could see a decent move higher. Keep in mind that this is a very risky stock so keep your risk small on this trade. - - - - - - - - - - - - - - - - - - - - When the market moves where, and how, and if - these are all unknown. The only thing which you can control is your risk. - Philip Basic Trading - Keep the long term vision🫡
NASDAQ:PLUGLong
by basictradingtv
32
📈 Crash History RepeatsIn the dynamic world of cryptocurrencies, history often offers valuable lessons. Recent market events have some intriguing parallels with previous years, shedding light on Bitcoin's remarkable resilience. 🪙📜 2019: The COVID-19 Era In 2019, the crypto market faced its own challenges amidst the COVID-19 outbreak. Bitcoin initially experienced a price drop due to the uncertainty surrounding the pandemic. The 2020 Resurgence: Learning from the Past What followed the 2019 dip was a stunning resurgence. Bitcoin not only recovered but soared to new heights, demonstrating its ability to weather storms. 2022: The FTX Incident Fast forward to 2022, when the market faced turbulence due to the FTX incident. Once again, uncertainty gripped the crypto space as prices took a hit. 2023: A Familiar Pattern Emerges In a fascinating twist, 2023 seems to echo the past. Similar to 2019 and 2022, Bitcoin is displaying resilience in the face of adversity. Bitcoin's Tenacity: A Lesson in Adaptation Bitcoin's history is a testament to its ability to adapt and overcome challenges. The crypto giant has repeatedly bounced back from setbacks, surprising skeptics. The Future: Navigating the Crypto Landscape As we navigate the ever-changing crypto landscape, history reminds us that market downturns can be followed by remarkable recoveries. Staying informed, maintaining a diversified portfolio, and practicing risk management are crucial. Conclusion: History as a Guide History has a way of offering guidance in uncertain times. While we can't predict the future with certainty, we can draw inspiration from Bitcoin's resilience. As we witness Bitcoin's tenacity once again, remember that the crypto market is ever-evolving. By learning from the past and staying adaptable, we can navigate the challenges and opportunities that lie ahead. 🌐🚀 ❗See related ideas below❗ Feel free to like, share, and share your insights in the comments. Your active participation fuels our crypto discussions and fosters a collective understanding of this exciting space. 💚🚀💚
Long
by Yaroslav_Krasko
1
EMA 50 : A Crucial Indicator in Crypto!In the dynamic world of crypto trading, indicators are the compass guiding traders through the volatile seas of the market. Among these, the Exponential Moving Average (EMA) with a 50-period setting holds a special place. Its significance is profound, often serving as a critical threshold that can dictate market sentiment and price trends. Let's delve into why EMA 50 is so crucial and why the crypto community is buzzing with anticipation regarding its next move. EMA 50: A Beacon of Significance EMA 50 is an Exponential Moving Average calculated over a 50-period range. It provides a smoothed average of past prices, effectively capturing essential market trends. The Power of EMA 50 EMA 50 is a key determinant for identifying the prevailing trend. When prices are above EMA 50, it often signals a bullish sentiment. Conversely, prices below EMA 50 indicate a bearish outlook. For many traders, the EMA 50 acts as a "line in the sand." A breach can trigger significant market movements. The Cryptocurrency Connection Cryptocurrencies have a unique relationship with EMA 50. It's an indicator that crypto traders frequently monitor, as it can act as a pivot point for major price shifts. Recent events have demonstrated Bitcoin's struggle to maintain supremacy over EMA 50, hinting at a potential market shift. The Power of Three: EMA 50 Challenges Interestingly, Bitcoin has tested the EMA 50 three times and experienced rejection. The market's failure to secure dominance above this level has raised questions. In trading, they say "third time's the charm," and crypto enthusiasts are eagerly watching for Bitcoin to potentially conquer EMA 50 on its fourth attempt. The Anticipated Breakthrough If Bitcoin successfully breaches EMA 50 and maintains a position above it, it could signal a shift in market sentiment. Bulls might take charge, and a sustained uptrend could follow. Such a development would reverberate throughout the crypto market, impacting altcoins and potentially ushering in a broader bullish phase. Conclusion: EMA 50 - A Critical Juncture EMA 50 is more than just a technical indicator; it's a reflection of market sentiment. As Bitcoin readies for its fourth attempt at conquering this pivotal level, traders and investors worldwide are poised for potential market-altering developments. Remember, the crypto market is inherently unpredictable, and it's vital to maintain a well-informed, adaptive trading strategy, including risk management measures. 🌐📈 In the ever-evolving world of crypto, EMA 50 is not just a number; it's a symbol of market dynamics and potential change. Stay tuned for the next chapter in this exciting crypto journey! 🚀🌟 ❗See related ideas below❗ Like, share, and leave your thoughts in the comments! Your engagement fuels our crypto discussions. 💚🚀💚
by Yaroslav_Krasko
6
FULC fades after a big move for a SHORT tradeFULC a biotechnology firm with a mixed earnings report early in the month just printed a big move and then stalled at the NY lunch - hour and faded. Will the fade continue or will there be an upward continuation? The 15 -minute chart seems to suggest a downtrend: 1, The volume profile shows heavy trading at the top. This could be short sellers and late-coming long trades. Once a trend down is underway, the short sellers will begin to take profits buying to cover while the long trades will sell at a loss. Probably at this level there will be more longs exiting than shorts until a substantial fall dictates the latter to buy to cover. 2. New short sellers will pile into the trade pushing price down while few new long traders will participate in accelerating the move down. 3. The relative strength on that indicator falling confirms the trend as does the Average Positive Directional Index falling with the combined falling as well. 4. The mass index indicator documents a reversal Accordingly, I will take a short trade and assist the trend down in my own little way. I may take a trade of 100 shares and then sell a call option. In the meanwhile, I will take a put option striking $5.00 for September 15th. I expect a decent realized profit from these trades in this at least currently high volatility biotechnology penny stock.
NASDAQ:FULCShort
by AwesomeAvani
American Superconductor - Floating Crystals, Floating CandlesThe new rage on financial social media is that a new room temperature superconductor has been discovered, and appears to be replicable in labs. This is significant because superconductors normally have to be either really hot or really cold during their operations. So, AMSC has Superconductor in its name and is naturally pumping, and has been since May. The biggest pump was August 1 at 60%, spurred on my a lot of social media chatter, especially in Korean and Chinese. Greed in the markets is already at extremes, people are convinced new all time highs on indexes are as good as in the bank, and it's very dangerous. Moreover, you're dealing with hidden geopolitical risks from a Chinese Communist Party being on the edge of collapse that's guilty of the 24-year-long persecution and organ harvesting genocide of Falun Dafa meditation's 100 million practitioners. And people want to long the top on stuff that's already up 400%+. The world truly is an asylum. And look at the monthly bar this has produced with people longing a daily range between $14 and $17. The weekly candle looks more sane, because at least we're on Tuesday, but it still shows that this swing may have already topped. So, here's the thing about the fundamentals of this kind of trade: 1. The Superconductor discovery right now is a piece of lead apatite crystal that is capable of majority levitation and diamagnetism when placed on a magnetic plate. 2. The crystal has been made by students in a lab using a paper from Korea. 3. It looks like a little piece of graphite/charcoal. Unless you put it on a magnetic plate, it doesn't even float. 4. Let's say the crystal is truly revolutionary, how many years away from it making its way into a sellable product are you? 5. Why would you think American Superconductor Corporation is going to be the one who licenses something disruptive? 6. Wouldn't TSM, Intel, or AMD, or some Elon Musk/Peter Thiel/Sam Altman-type venture be the ones to steal it? 7. The stock has already quadrupled in price 8. At Tuesday's close, the market cap is $488 billion 9. Look at their earnings results: they bring in $25 million in revenue quarterly 10. Next ER is August 9 post-market. Can you maintain a $500 million market cap when they report $20 million in revenue and the CEO tells investors and banks on the conference call that they aren't going to be able to profit from the discovery? In essence, you're kind of dealing with a real corporation that's being subjected to something of a Bed Bath and Beyond-style pump and dump. And this is at a time when greed in the markets is already extreme. People are longing the top on things like Palantir and SOFI without second thought and gettin' paid daily. Yet the United States credit rating was downgraded today after the Treasury said it wanted to issue another $1.8 trillion worth of debt, and now the Nasdaq and the SPX are gap down on Wednesday futures open. I discuss this here: SPX - The Sound of a Shattering Iceberg I actually think there's a long trade on ASMC over $20 before the hypenstein is over. But if you don't see it manifest at market open Wednesday and prices lower than $13.31 are traded as the indexes drive a lot of things down, you're probably going back to $10 first, which is just horrific for top longers. Take a look at the five minute chart. Tuesday market close was either a big buy or 45 minutes before market close was a big short. You have to decide for yourself. But sell the news, man, is really a piece of wisdom. After all, implied volatility is so high that an August 18 at the money call is $4.10, on a $16 stock. That's a lot of premium and the options sellers just absolutely love your exit liquidity.
NASDAQ:AMSC
by LordWrymouth
Can VBIV jump again like earlier this month?VBIV popped 50 % to begin July and then promptly lost 75% and has been low volume and sideways since. I have not been able to discern any catalyst for that action. Earnings show an ongoing cash burn. In the past couple of days, the Price Volume Trend indicator has detected a small increase in the price volume product. The Relative Trend Index (RTI) indicator has gone from negative to positive on July 18th while the dual time frame RSI indicator showing 1 hour TF in blue and daily TF in black has shown bullish divergence with the lines rising over the 50 level and the blue line above the black line. Price crossed a VWAP band line on July 18th as well. The analysis supports a bullish bias and a set up for a long trade. I will trade long and find an entry on a 15 - 30 minute chart looking for a pivot low to take that position. I will target 2.25 and 3.00 for the time being.
VLong
by AwesomeAvani
1
Will Novavax NVAX go higher? SHORTNVAX popped today for a price jump of more than 20%. Canada agreed to pay out on a contract for COVID vaccines it now does not want in the amount of $350M. This is hardly enough to the fundamentals of the company overall. So the question arises, have traders and / or investors overreacted to a one time bonus which is essentially revenue without overhead and expense. My opinion is that this is an overreaction and that the price will drop after the pop hits a high. Buying long right now is essentially the risk of buying a high that will not go higher. On the Chris Moody dual RSI indicator, the longer one hour TM in black is over 75 while the shorter 5 minute TM in blue has peaked and dropped from 95 to 60. This is in essence bearish divergence. The other indicator, the mass index, shows the value arriving at the reversal zone where a drop to below 26.5 will be the trigger. Overall, for both fundamental and technical reasons, I will enter a short trade on NVAX expecting a correction / pullback from the pop the stock got after a one-time bonus of a payout for not producing unneeded vaccines.
NASDAQ:NVAXShort
by AwesomeAvani
1
DGLY is due for a correctionDigital Ally, has had a bit of a slow motion pump after earnings in mid-May. Insofar as the earnings go, there were none. The news is DGLY is burning cash less than expected. No matter how you cut it shareholder value is not there and still the price went up since then especially in the last few trading sessions. DGLY could dilute shareholders to raise capital. Insiders could be manipulating the price. According to FinTel, there are 12 insiders who own 7.7% of the shares. Seemingly, if they act in a coordinated scheme without any paper trail they could have run the price up especially if they got help with one of the several penny stock trading rooms with lots of followers. Overall, this looks like a pop and drop pumped up and ready to flush. I will take a short trade of put options on this expectant for a quick profit over a week or two.
NASDAQ:DGLYShort
by AwesomeAvani
4
Got more Doge?POLONIEX:DOGEUSD Dogecoin is showing this repeating pattern. I like to call it a Pump and Pump :-) Maybe it will ultimately become a Pump and Dump . So I am not going all in. However, a small holding of Doge has the potential of creating a large return. This is an asymmetric risk-to-reward play. I write off all the money I put in. So it is a small loss on my portfolio immediately, but if the trade plays out it will generate a significant gain on my overall portfolio. One fundamental consideration: Doge was meant as a meme coin. Its intended use is 'tipping'. Dogecoins are not defisable. So if Doge goes up by a lot, the tipping and maybe even payment functionality will become less useful or practical. All and all, this is a very speculative trade. Please be aware of that and act accordingly.
POLONIEX:DOGEUSDLong
by davetromp
AUTL Is this a pump and dump?AUTL on the one-hour chart had a spontaneous parabolic move without a catalyst as best as I can tell. Earnings ten days ago were decent but nothing special. AUTL as a biotech firm is losing cash just not as much as analysts predicted. In the parabolic move very few shares were traded between $2.00 and $2.40 as per the volume profile Overall a massive volume occurred compared with the entire year although there was a bit in the runup to earnings. I suspect a pump and dump and think it might be worth playing. Insiders could be manipulating the shares and acting as a team. The zero-lag MACD suggests that the top has been reached. I believe that insiders will be selling quickly and short sellers will be joining in. I will be one of the latter. Retail buyers could be stuck bag holding if caught by surprise. Once price drops to $4.00 the bearish momentum will kick in due to the volume void on the profile. Accordingly, I will buy a group of call options when AUTL hits $4.05 set a stop loss and await the flush back down to $2.00. If things go well this will be over a 100% return on investment and 300% return on risk in one day. The contracts for 6/16 ( $5.00) are about $250 with about 25% spread between the bid and ask.
NASDAQ:AUTLShort
by AwesomeAvani
REKTRP | See you at . . well, you can figure out.The technicals are practically writing the news themselves . . ChatGPT in the HOUSE!?!? . . maybe ; I'm not gonna get into a lot of detail but Bitty CME has a sick bottom gap that HAS to fill, eventually and as Bitty goes so goes the rest of 'em. I plotted a possible entry / firesale level buy op about two weeks before this ridonculus pomp and then watched the news support the price action. Between Lawsuits, CFTC, adjudications, Gary and his crusty shekel band of blowholes, etc., it's like a reverse 4th of Ju ly. So have fun with it and please consider hedging, spread risk, DCA, and grid into positions. Bottom fishing and top spotting can be tricky for the "all-in" guys. Cheers and don't get REKTRP'd!!! ~ Box * * * Not Investment Advice * * *
by FudBox
5
EYPT EyePoint Pharmaceutics LONGEYPT is now on another breakout on the 2h chart similar to what occurred from mid-December to mid-January. On the indicators the MACD shows the K/D lines on a steep upward slope. For me, what set off my interest was a relative volume scan that produced this stock on the list. The relative volume this week and consequential accumulation triggered the breakout with those volume spikes Fundamentally, EYPT had a catalyst as it completed one phase of its FDA clinical trials for a treatment for macular degeneration, a debilitating eye disease of the elderly. The potential market is several multiples of the stock's current market cap. This company is a takeover candidate as it is young without a big pipeline but with upside potential. The relative volume of 4X to 8X is a sure sign that buying pressure will move the price. Price has crossed the SMA50 just as it did last winter. The price is up 40% or more this week. Could this be a pump and dump? Maybe. For sure it is a speculation play just like many NASDAQ penny biotech stocks For mem the price action of last winter with a 120% gain in one month is reassurance for this time around with some hopeium thrown into the mix with the technical analysis. I will buy a call option under the current price with the 4/21 expiration and leverage the speculation a bit. In the past day, this option rose 67% based on the price surge of the underlying stock.
NASDAQ:EYPTLong
by AwesomeAvani
3
TSLA $200's ResistanceTSLA opening above $198.5 should go up towards $204 gap fill possibly $206 retracement ... resistance @ $$199.5-200.5 then $204 (2 sigma weekly Move) If Fed is Dovish today with a 25bp hike this will help to push bullish narrative Fed with 25bps and Hawkish rhetoric can stop the bull run. Below $194, we could see Tesla go for Gap fill below and settle around $190 to finish the week This Feels like a Bull Trap set-up- just my opinion I bought back in @ 175 Since I plan on taking Profits for this week I will look into selling $200-$205 calls against my $175 price positions *** this is a profit taking options position, I would not sell calls if I did not own shares at that lower price.
NASDAQ:TSLA
by Black_Sheep1