Their gonna play the shorts (again) like a bad movie rerun. But first they need to puncture the bottom trendline to draw in lots of shorts before the atypical put burning..
Yeah. I can see it happening next week. If we gain any momentum at all we will squeeze these late shorters. I am betting on a play to mid 7500+ with enough juice for an 8k profit point. Good luck. Manage risk. We were 4/4 last month on trades with a profit target of 3:1 or more. My analysis shows a strong probability of a short squeeze in the works.
TripAdvisor Inc TRIP:NSDQ Target Price Range: $78.00 - $81.00 Short Squeeze
Continuation of long-term trend on the 1h. Expecting a small retracement as the short-term intermediate trend is weakening. Expect to take a short position on the small retrace.
Buyers abound and have tried to roll the dice but had no success in moving higher thus far. As a result a squeeze bar popped up offering a good entry for shorts. If theres a leg up fated to fail from the get-go its a flash crash case. I see it as wave 3 of a leg A of a leg Z in a triple zig zag. When the squeeze is over the next impulse down must carry enough...
After bullish momentum yesterday and rupture of the USD29,80 resistance, oil has room for a rebound to the USD35 and USD38 leves. There is a buy signal in the RSI and will be soon at the MACD, the latter presents divergence with the price. These three indicators increase the likelihood of upward movement. The expectation of falling prices to USD20 has possibly...
After this week's downtrend on the dollar, we now have a 4h bull div on USD and very low 1D/12H momentum. NZD rallied and squeezed shorts into a big liquidity pool. It is now majorly overextended and should see a pullback into the .65s or even .64s OTE long zone.
A lot of weird stuff going on. Market unpredictable but the technical analysis screams get out, but there are signs that it won't last long
Lots of Buy stops are building up above as volatility and price action are getting tighter, so I am expecting a big move UP going into May. This would make sense for the "sell in May and go away" as we need a big move up in order for the strong hands to sell to the weak hands who buy at the top. Look what happened last Sept when price broke out and the strong...
Look at the massive amount of selling pressure compared to the buying. The trend lines are getting steeper which means price is accelerating downwards and will breakout and trigger a cascade of selling as each level of stops are hit. Today's rejection of fair value means a drop to bottom edge or lower. The huge amount of buyers will become sellers soon as they...
Start of a long term, high profit trend. Has continued short interest in the face of reg-sho forced buybacks (buy-ins), brokers are forcing people to cover at a loss and now have the stock on not able to borrow lists. At historically low levels with support and high bullish volume. Reward to risk favors the longs, a wise portfolio investment.
Targeting 1920 yuan in china for the short term. Yesterday's short squeeze was interesting but the price has retraced over 78% already. ABCD continuation and an analysis of short squeezes suggests 1920 is a good target area; I will close my short in that area if I get other technical confirmation.