TLRY - nowhere left to go but up! This wedge has finally been squeezed out and shorters have nowhere left to push. Time for TLRY to make the trek back to ATH - are you in? Don't chase! we could revisit the top of the wedge which would be a great buy point to set your limit order, then set a tight stop below the wedge. Good luck!
Shortsqueeze
AMC Setting UpAMC has been in this pennant since that ridiculous run in June that we all remember. Meme stocks popped due to reddit and robinhood retail investors taking advantage of the huge % of shorts by institutions. We saw something that has never been seen before and we may be looking at a round two, on a smaller scale however.
AMC has made its 5 legged pennant (A,B,C,D,E) and looks to be primed to break out above the upper trendline, and then the resistance at the $51- $52 level. It has been obeying very close to the fib retracement levels so make sure to keep an eye on each level as AMC continues it's path in this pennant and the potential breakout.
Volume is falling while price is RISING so tread carefully as this is a BEARISH divergence sign.
MACD crossed after that falling wedge pattern we played earlier last week, which is a good sign.
Not all signs are looking good but it is a RISKY trade.
I anticipate a retest of the lower trendline, at around $39 - $40, where you can enter the trade. If it does not retest, I would watch the yellow rectangle area I drew which could be the nearest support, and best BUY area if you are bullish as well.
REMEMBER: this pattern is not always a BULLISH pattern. It can turn BEARISH if AMC breaks down below the lower trendline, so tread carefully. With stocks like this, hyped meme stocks, things can go south very quickly, just as fast as they can turn profitable.
KEY LEVELS:
$40 - IF AMC can hold this level, I will be very bullish on this stock and will be aiming for around the $49-50 level.
$50 - over 50, needs to break 52 then I believe it can fly with some injection of volume, so keep your eye on the volume.
Taking some shares at this level, as a starter position. Taking my time to enter any option calls or puts.
CALLS:
19 Nov 40C looks good, with over 5k in open interest (OI)
21 Jan 40C is your best bet if you can afford it, with over 29k in OI
** You can also do spreads in order to limit your risk, a vertical spread with 19 Nov 40C and selling the 45C is around $180, giving you a $320 potential max return. Pretty decent risk to return.
GME TO THE MOON SOON! 🚀🚀🔮 LFGThe long term consolidation is fucking insane. It is wedging at a very nice form.
A breakout could happen before November 15th.
The SEC report stated that barely any shorts have covered...even after January's rally. (Only a few small shorts covered but not the big ones) Shorts never covered because brokers took away the buy button. Thus shorts didn't need to cover because everyone could only sell and they'd be stupid to cover.
What is different about this time? People are buying actual shares in their own name... now leaving it in the hands of retailers rather than brokers. Meaning if prices go as high as 400 again, shorts WILL cover and skyrocket a shit ton even if brokers restrict trading again.
What's more is that we saw a massive cup in the middle of the wedge. I may be grasping straws here but we are in on overextended handle the just needs to break the resistance for it to fly. While this is a slight stretch, on cannot deny the wedge formation is looking good.
GME to 1k🚀
APES NEED TO GATHER. LETS GET THIS BREAKOUT AND FLYYYY
AMC's 3rd Squeeze PredictionAMC has been prepping for it's next squeeze for almost 5 months now. Short Interests is at all time highs meaning shorts have not covered and the technicals show bullish momentum starting to build up once again.
Some indicators that suggest the next squeeze is starting.. low volatility, low volume (increasing now), high short interest, pennant close to breaking out, and previous trend analysis.
My price target is taken from AMC's Speed Trendline & Fib Retracement levels which suggest the next squeeze will peak end of November at around the $150 area
Low/High Weekly Price Targets:
October 22 - $38/$48
October 29 - $42/$62
November 5 - $52/$80
November 12 - $73/$88
November 19 - $87/$104
November 26 - $96/$150
You Short You Die! CEISquid Game plan for CEI Feb 22 2022. Red Light Green Light area very reachable. Lets see what happens. AMEX:CEI
$SDC is looking really bullish on Weekly ChartSmileDirectClub Inc is looking very bullish on Weekly Chart. It has also formed a double bottom pattern indicating bullish momentum and trend reversal. Short interest-related data is screaming that shorts are trapped. Social media interest and Wallstreebets are hyping the stock. CFO is engaging in marketing activities. This can really run higher.
BTCUSD - BullTrap or BreakThrough for Real?Hello again,
What about this movement, a bulltrap or a breaktrough?
A good reason for for a jump to $22,000 is a Big Short Squeeze, also we have Expiry date for Dec Contract on XBT.
Please take care of your investments around this period.
This is not a trading advice.
St.Gex
WallStreetBests Brings You $SDC Short Squeeze Play!Once in a while, Wall St. screws up. They get so greedy shorting a stock that they forget how it can blow up in their faces. $GME $AMC were some of the eg. of Wall St. short positions blowing up.
$SDC is showing the same characteristics. The stock has been beaten down for a few months now, but the momentum changed in August. Bulls returned and were successful in breaking the downtrend. Shorts had many chances to cover in the past few weeks. But guess what instead of taking their profits, Wall St. got greedy and doubled down. Now in the past few weeks, retail interest has grown, social media hype has increased, the news cycle has changed, and the broader health care sector is catching a bid. Demand for the stock is growing and this is very problematic for shorts. The cost to borrow shares for shorting is going through the roof, currently at 92% interest rate.
If this demand for shares continues we will be seeing parabolic moves in the stock in addition to 30% increase in the past 2 days. So get ready this is going to create headlines and I think the move up is just starting.
The Squeeze that keeps on sqoonzing - The sausage ride - LONGAMC has been very good to institutional traders and those who know how to identify when "big money" get's involved.
If you're holding $60.00 bags and looking for a chart to back up your "hopes and prayers"... then you've come to the wrong place.
If you were "gun shy" and didn't ride these SR waves because you thought that this volatile stonk didn't follow fibonacci... don't worry, this ride is far from over.
Institutional traders will continue to have a field day and take every penny they can from the retail traders as they incite fear and hope. There will be no "short squeeze" only a long schlong for your margined bank roll to get caught on the dirty side.
I don't care which way this goes... as long as I am on the right side. Trading with institutions.
For now we are looking UP, to the next pivot. Happy trading!
$APRE next small cap pop!!!! From a technical standpoint we are looking pretty strong as we closed about the 9-day AND the 26-day moving average with high buying pressure whicks which is interesting
Now from a company perspective standpoint we are most likely to first get approval on, this would be like the most expensive drug I have EVER heard of! In other words MEGA MEGA profit potential for APRE. So basically this would make more money per patient than any other drug in the ENTIRE cancer industry.
It’s foolish to be bearishI’ll let the chart do the talking.
1. Wallstreet target of minimum 4.9+
2. Decent fundamentals
3. Short interest of +23%
4. Super strong uptrend
Fib and Exponential Floor Tracking $GMEFib retracement levels are matching perfectly with a price floor trend line drawn on the logarithmic chart. Intra-day Technical Analysis is voodoo at best on GME, but the daily chart shows undeniable patterns drawn over the longer term. My last prediction about Wyckoff accumulation was spot on, and I believe this Fibonacci circles also show GME's potential due to the myriad of factors surrounding the GameStop short squeeze. Volume has entirely dried up in comparison to earlier this year. High-frequency algorithmic trading of Rehypothecated shares, alongside retail "hodling" pressure show that "just up" is an accurate statement in regards to GME.
ALL UPTRENDS + BULL PENDANTAny DD at this point would be a waste of time as you all mostly know by now the stock is being manipulated heavily by naked shorts. That being said were just looking at the chart for a time and price estimate. As you can see most of the uptrends are all looking in the same direction. Theyre all looking at around the $500 + price mark at around the end of October or beginning of December. To me this seems reasonable. It may correlate well with banks needing 1 trillion by the first of October. To me the worst case scenarios is it dipping slightly before launching. As always, I do this for fun and make a pretty decent living out of it but I am not an advisor. I DO NOT TRADE this stock, I ONLY BUY AND HODL. Most of the stock market is risky for me at the moment and I feel GME is a safe haven for my funds.
Thats all. have a nice day!
God Bless
Is $BBIG primed for a bullish run to $15 or perhaps even $27?According to some analysts, Vinco Ventures (BBIG) is "In Midst Of Experiencing Multiple Squeezes, With Next Squeeze To $27.32 by September 22nd (Proxy Mailing Date) And More To Come In October."
But is that a realistic assertion based on real technical analysis?
Yes.
The stock has been one of the most explosive stocks over the last 3 weeks, rising from about $2 to over $12 at its recent high and our analysis yesterday pointed to a stock whose price action might reverse, and today we have further confirmation of that.
Realistically, can the stock price continue to trend higher?
Yes.
What are some realistic price target expectations if the shorts begin to get squeezed?
It appears $27 is very realistic target WITHOUT a short squeeze given all the fundamental changes to the company and upcoming catalyst activity .