ROOT - LONGI think, due to the high short interest and the weakness in the decline lately that the next month is going to be suprisingly good for the upside.
Let's see.
Short-squeeze
CLVS Clovis Oncology has a chart that is peaking my curiosity.Everyone who has eye open is aware of the short situation in some form or another. CLVS has a short float of 41.88% and is headed into support formed by the previous Bullish Gap and Go. Curious if it will fill or support. Anyone have an option? Comment below!
GME is extremely bearish. Argument for the reversal trade While shorts are exiting their positions and calling a selloff, previously $200 was a sticking point and I think you can expect that to continue, as retail investors around America wake up today and start buying in to GME at the attractive price it's now sitting at.
I expected less of a dip but the short interest dropping to 50% has had a significant effect, as has the rise of AMC today in comparison. If we see AMC get shorted, expect GME to move in countertrend as investors flock back to GME for their "store of value" bet against institutions.
$FUBO long$FUBO has a 75% short float meaning a major short squeeze can occur. A clean break over 50 and my price target is 52.50, 55.00, then 57.50. Fubo is also forming a cup and handle and is now sitting within a symmetrical triangle waiting to breakout. Also, a decline in volume confirming bullish consolidation.
Gamestop Endgame - Think Aboutif u are a gamestop holder this post is for you. i, the great coinholio, shorted gamestonk last year, buying puts at $1.5 June 2021 for $0.40. i recently sold these puts for the same price, due to hedge fund retards broken IV algos lol. turns out a $300 dropping to $150 makes bots do some crazy options buys... my other position has been a long on the gamecock since $100 and sell at $255 (50%) and $110 (50%). i am all out of gamestock and do not plan to buy back in due to the risk.
if you are still holding, you probably look at wall street bets on reddit and see all these kinds of posts about "short ladder attacks" and "hodl". the truth is, hodl isn't always the right choice. in march 2019, btc hodl was the wrong choice, clearly evident by the halving and the looming toll of corona.
what u have to understand as a trader is that not everyone can make money on these plays. wall street bets wants you to think that this is "regular joe" vs "hedge funds", but cmon, lets get real... these have been hedge funds vs hegde funds 80% of the time. they aren't on the same side, they are always competing against each other and cannabalizing each other, and they have a lot more capital.
lets look at some of my opinions on what really happened
gamefomo retards will point out short interest percentages, and how its over 100%, the will adjust the numbers and calculations and do all this fancy cope, which you will believe because it sounds legit, but let me ask you this: what evidence do you have that these hedge funds didn't just close their shorts earlier and re-short at $400, causing the short interest to stay at the same %? in fact, isn't that what the ideal adversary would do? make you believe that the short interest % is the same place where it would be?
silver? of course nobody is buying silver, but wsb copers want you to believe that these hedge funds are the ones paying for "disinformation campaigns" against "wsb". keep in mine--it is unlikely retail traders are what is moving this market, i think that the primary movers are other hedge funds. they have more capital, are smarter than us, and make use of hft. understand your adversary, and know that in order to win, you must beat the next guy by out running the bear. you will never beat them--it is their job to do this nerd shit bro.
now back to this $400 dollar shorts theory i have. there were a lot of $800 calls that were boughtted a day ago, what was the purpose of this large volume of calls? i tell us my thinks about it: me thinks that these were the same short hedge funds covering for the small probability that wsb can actually drive the shares up past $800. let me tell you what this means: retard hedge funds re-shorted, they are very confident this is the end of the squeeze, but they is not 100% sure, so they put some money in options to cushion the blow in case they are wrong. this is normal action, and not indicative that there is a move upwards again.
the one final thing i want u to think about as a pro trader: imagine you are omniscient god, and know the direction of every stock in teh worl. you are a trillionare, and u are drinking marmalade in trader gandy heaven. you use your powers to know you are at the pivot at the gamestop squeeze, and then you log in to wsb... what kind of posts do you see?
do you see
a: people telling you that the squeeze is done and you should sell (lmao)
or
b: people telling you to keep holding
answer: of course retard, they tell you to keep holding so you can sell. this is a hamster circus, first in first out, last man standing eats the biscuit. gamestop might go to $5000, but the odds are that you will be the one to sell at that price are zero. short ladder attacks dont exist. melvion is out. the endgame is you either selling or getting rekt.
jk, just hold bro, tee-hee! diamond hams!
GME retraces, the $215 support KL causes a 2nd bullish reversalGME volatility is being confirmed, as the $215 support causes a 2nd reversal. It will probably take a test or two to break the $320 level but if we do, I expect the uptrend to continue.
GME long!Institutions driving the price down and deflecting attention to SLV. GME is still over shorted and will have to kick back from here.
This is a risky investment but the potential returns are huge, therefore I recommend anyone with a decently sized portfolio to hedge by buying in with a small amount of shares.
Short squeeze OPKWith over 26% short interest and 11.99 short ratio. This seems to be a text book short squeeze (unlike the lunacy with GME, AMC, etc.) Price is about to cross the 52-week high at $6 and could probably go up to $7.5-$8.
XRP short zoneQuick swing trade I am be playing. The amount is small and leveraged with a stop loss as it has a reasonable chance of failing and failing quickly. Top buyers from previous pump are either still trapped or sold at a loss. The coloured zones are levels of sell pressure where trapped buyers either escape (A) or where market makers exit the stressed/liquidated counter positions.
The major issue with this position is that the price range above dark red has basically no sell pressure other than profit taking so use dark red as a stop loss to escape destruction.
A quick lesson about crowded shortsInteresting short squeeze on GME, and it could keep going. Up 90% in a single day that was something.
I don't know what % float short number should start worrying bears, it depends, perhaps typically start paying attention above 10%, what is sure is that everyone mindlessly doing the same thing does not work out ever. 138% seriously? These guys are crazy. Asking for it.
Perhaps they mostly use options so they don't care?
I don't spend a whole lot of time on stocks but when short squeezes happen the % float goes down, this is how it was for Tesla, so clearly some people are covering,
or not re-rolling, something is happening, not just MM adjusting.
The Board of Directors had a change, and the price started dangerously going up, bears held the bag, and then got hit hard as happens so often, no one wants to cut losses quickly and miss out a winner, maybe they're under pressure from their clients, or just bad. Not missing winners doesn't make money, I don't get it it's obvious, "emotional" reptilian brains I guess...
Also the price bottomed, then starts making higher highs and higher lows and S&P goes to ath, they don't care they just pile into the short. You don't do this you'll miss out but also you won't lose big as often.
They'll find ridiculous ways to rationalize this "it's ok I had small position size" or whatever. Nah it's just bad. Shorting like a sheep and holding the bag.
It's entirely possible WSB started pumping the stock to create a short squeeze. There won't be any investigation of course as price went up, investigations only happen when price go down.
This business seems really bad, and going to zero, but till then people will throw money into the furnace for a while longer.
Solutions 30 - Recovery to 16€Since the "big short" from Muddy Waters Capital, Lansdowne Partners, and Gladstone Capital Mgt, Solutions 30 seen its market capitalisation divided by 2, based on an anonymous letter, targeting Mr. Gianpebbi Fortis (Solutions 30 current CEO) in some illegal activities (source AFP December 2020)
As a response, the company opened their door to independent audit and brought up a trial amendment to the AMF (French MArket authority) for market manipulations towards Muddy Waters.
As a matter of fact, this anonymous letter - true or fake - allowed several hedge funds to make a +50% profit in few days (www.quivad.fr) by short-selling the share shortly after the letter release.
As of now, short-sellers still have to unwind their short positions, totalling for up to 4% of total supply.
Moreover, even though the letter tends to turn right, at worst the CEO would face legal issues, but the company would still be operating.
Currently price recovery from 10 to 16€ is in progress, while independent audit to be released circa Q2-2021. At this point, a short-squeeze would be expected, and a price up to 20€ would be on the table.
BUY 10-11€ and wait for independent audit release + hedge funds to unwind their positions (see url www.quivad.fr to onitor short-sellers)
TARGET 16€ Q1-2020 to 20€ once audit released.
$APVO Nov. 05th 2020 Long day trading Opportunitywait for a pullback and consolidation with $APVO
$14.42 to $14.5 Entry point for APVO
SL $13.99
1st Take Profit point 50% holding at $18
2nd Take Profit point at $23.90 (3rd Squeeze, or the last potential squeeze) if APVO $14 not violated and Consolidate above vwap
if the 3rd breakout at $19.46 occur with APVO, we could see another 23-24% Upside Squeeze from the $19.46 breakout point
1st squeeze had a 23% upside from 9.15
2nd squeeze had a 23% upside from 11.65
3rd squeeze will have another 23% upside from the 19.42 Breakout
PS:
tomorrow 10:40 AM and beyond APVO has to hold above $16.28 for any hope of $19.32 breakout
key level $16.5 for hope of 19.32 breakout
and if $14 get violated downwards might signal an authentic backside
MNK Short Squeeze and Reaching the bottomMNK Short Float 55.42%
Is in the $ 1.5 range not far from the all-time low.
MNK Lost in the last quarter but this is a stable company that expects revenue growth next year.
After a decline due to a bad report expect to rise to the first line of resistance, with the help of the shortlisters.
Overall beta 3 ratio, very high but with severe declines in the last year that are expected to be at least partially balanced
In addition to departing from a downward triangle trend line.
No recommendation for sale or purchase ...
JWN: Short Squeeze Pending???I have been trying to simplify my charting as of late. Fewer Indicators. Less advanced Math for the moment. Trying to Gain perspective.
Here is a Chart of a Trade I like.
Nordstrom is 5* rated Morningstar, and A-rated Profitable company.
There is a very large short position ... slightly better than 30% of the Float.
JWN has traded between 15 -16 since late June (last 3 weeks) A strong breakout above 16 should lead to a retest of the interim high of 25. The downside risk is probably 2 pts to a low 14 handle.
8 pt of Gain vs 2 pts of Risk. 4:1 Profile ... I will take it for a top retailer beat up by lockdowns.
APT short Squeezed The trade that wrecked my profits for this year, I got squeezed on this one multiple times and ended up breaking my rules and fighting the trade.
RULE #1 never break your RULES!!!
I have given up fighting the trend it's to strong I would love to flip long but it doesn't meet my risk management rules, but this one will defiantly be on my watch list to short once the ASX breaks down.
PS I have grit and I know I have an edge I just need to follow my plan and trade it, stick to the rules and protect my capital.
MTCH , Potential EPIC short squeeze.Wow , MATCH has a 69.63% short float with a 14.67 short ratio.
Shorts may be in trouble here .
Bot in at $90.37 with a trailing stop set at $5.Will adjust that trailing stop if it pops .
In my experience short squeezes are difficult to buy into, the potential short squeezes on my watch list only seem to actually run about 7% of the time so be careful with these kinds of trades . However when they do run a 20-30% gain is not uncommon.
Good luck ;) or I should say wish me luck , crossing my fingers .
SND, Potential short squeezeBot @ 1.15
Trailing stop at 0.15
SND has a short float of 21.62% with a short ratio of 13.32 , at this time .
break of resistance short squeezeIf this goes back up to 78.50 that would tell me that it tested resistance that it broke and that is now support. Then there is a large gap to the upside it could fill. Stock has a low float and very high short ratio.
Short squeeze in play for BitcoinWhy would Bitcoin pump when everyone is convinced it is going to fall further? The answer is simple: when people expect Bitcoin to fall further, they place Short orders that can be liquidated if Bitcoin price rises to a certain level. When Short order hits a stop-loss or and gets liquidated, it is done so by placing a market Buy order, which lifts the price up. Usually traders place their stop orders slightly above the previous high, which provides them with confidence.
However, smart whales are aware of these stops and they know that when they move the price to a certain point, it will trigger stop-losses and will add more buying pressure. This is what we saw in play back on October 2019, and it can also be seen on lower time-frame today. Today’s surge is not due to the fact that Bitcoin has a good Long set-up, rather it had such an obvious Short set-up that it was seductive to liquidate all small traders and profit from the buying pressure which resulted from liquidation.
Be careful with Bitcoin , this is a huge game of speculation, and price is the most important variable here.
