AMC To The Moon 🚀 - Why AMC will go to $100 and BeyondIdea for AMC:
- AMC's price action is nothing extraordinary, and the narrative surrounding it is quite literally BS to deter a natural and obvious short squeeze.
- The price action tells it all...
Analysis:
- The crux of this short squeeze trade setup is that the Whales got greedy by shorting the bottom, and doubled down on shorts when they should have covered.
- Most of the shorts' stops should have been hit in this breakout, but it is likely a whale doubled down on their shorts to defend their position from $20~.
- There has been 2.5 years of accumulation for the bulls, in a harmonic spring (falling wedge) that has broken out, and we are now caught in a bull flag with the shorts doubling down... Even if price does not breakout in this test, there is too much energy to be stopped IMO!
- It is clear where the whales' stops are: above $20 there is a liquidity zone to $36, and above that, $100 is very likely. Above that, even I don't know... 🚀🚀🚀
"He who sells what isn't his'n, must buy it back or go to prison." - Daniel Drew
GLHF
- DPT
Shortsqueeze
AMC - The Rising Wedge Breakout ScenarioAMC looking to break resistance at 14.54.. it's likely the hedge companies will do everything in their power too keep the price under this level. Would not be surprised we trend sideways for a day or two. Once resistance is broken and new support is established we could climb to $50 very quickly.
How to trade parallel channel live ?price of gold are rising inside a parallel channel after double bottom,
price testing upper and lower trend line of channel ( trader selling at upper trend line and buying at lower trend line )
it can't trade forever inside a channel one day it has to break it.
resistance
if price reverse right from here at 1845 or if it breaks it than we have upper trend line and 1881 our next resistance
support
if price doesn't break 1845 resistance than we have lower trend line than 38% and 50% retracement of this trend at 1781 and 1761 respectively
visually everything is explained in this post whether price goes up or down, how trader can response to it
AMC - short squeeze incoming? Anyone looking at AMC for a potential short squeeze?
Current AMC's short interest is at 21%, well below that of GME's 140% prior to its January pop.
However, AMC's short interest is gaining traction every month - up 27.2% in April compared to March. Despite that, AMC's price has been stable for almost 2 months now.
TA wise - it's sitting on EMA supports. Is this symmetrical triangle since early March a bull pennant? MACD turning positive. RSI right in the middle.
I currently don't own any share, but this looks very interesting for a call option play.
Let me know what do you think.
Under Major revaluationWouldn't be surprised to see this stock break all time highs in next few months and in the next 12-months $50+.
* Key notes: 2nd generation Covid Vaccine sponsored by NIAID that's being conducted through infectious diseases clinical research consortium (IDCRC). Established collaboration with Gilead Sciences to develop a vaccine-based immunotherapy as part of Gilead's efforts to find a 'curative treatment for human immunodeficiency virus" (HIV) infection, and received $60 million in proceeds as part of the collaboration for GRTS HIV candidate. More candidates in clinic on their website.
Very bullish accumulation going on after test of $35 (red horizontal line).
See my other picks! $KMPH $VBIV $BCRX $GRTS
Disclaimer: This is not a buy or sell recommendation. I am not a financial analyst. This information should be used for educational purposes only.
$GLBS CURRENTLY $4.81 & SHORT SQUEEZE TO $100Globus Maritime Stock Available At Robinhood
Currently $4.91 & SHORT SQUEEZE UP TO $100
Price Action Hovering Near Alltime Lows.
Confirmation Of Double Bottom!
Officially Breaking Out Of Falling Wedge Pattern
Bullish Reversal!
Short Float Percentage 21%
Of all its shares available, 21% is shorted meaning 1 out of 5 shares is betted the price goes down. So what I suggest we pump it, have those short positions cover their losses at a higher price and our investment soars!
I personally invested $50,000 into this stock, if the minimum target of $20 is completed, I’ll have $200,000. Now imagine if the target gets up to $100! I’ll go insane!
RSI On the Monthly, Weekly & Daily Is Hovering at 30!
EMAS 9, 21 & 55 about to Golden Cross!
Online Articles Speaking About Short Squeeze!
Reddit, Twitter, Stocktwits, Youtube, Tradingview & All Social Media About to blow up this stock!
Be prepared, I’m a believer and the most consistent of this money making opportunity!
Graybug Vision Inc 🧙Graybug Vision Inc is a clinical-stage biopharmaceutical company focused on developing transformative medicines for the treatment of diseases of the retina and optic nerve. The company's products under pipeline are GB-102, for the treatment of wet age-related macular degeneration, or wet AMD, and diabetic macular edema, or DME; GB-103; and GB-401.
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Progenity Inc long scenario 🧙Progenity Inc is a biotechnology company. It is engaged in developing and commercializing molecular testing products as well as innovating in the field of precision medicine. It utilizes a multi-omics approach, combining genomics, epigenomics, proteomics, and metabolomics, to molecular testing products and to the development of a suite of investigational ingestible devices and drug and device combinations designed to provide precise diagnostic sampling and drug delivery solutions. The firm generates its revenue from molecular laboratory tests, principally from the sale of Innatal, Preparent, and pathology molecular testing. The company's operations are carried out in the United States.
broke out of the channel. blew right through resistancealong with a short squeeze plus now they own 10% of btx. that catalyst alone should drive share price up
GME TO DA MOONI see GME as a VERY, VERY, strong technical and fundamental play for it to go to the Moon. Firstly, GME is in a falling wedge pattern which is bullish. Also, the Bollinger Bands are coming closer together which means that the price has a higher likelihood to breakout and I believe that this breakout will be on the upside if it breaches the 180 resistance. The MACD shows the histogram flipping green which is also bullish. GME has been the online darling of retail investors and WSB, this I believe will cause GME to have a huge inflow of buying volume and opening of call contracts. GME has also been laser focus on wiping debt off of its balance sheet and aggressively transitioning to online. I do not believe GME's short interest of 26% a factor in the next squeeze. My take profits are $200, $215, and then holding the rest. My stop loss is at $153. This is not financial advice, I am not advocating the buying or selling of GME stock.
SKLZ Possible Swing Trade In The MakingNews for the day;
Skillz Shares Spike, Hearing Rumors Of Cathie Wood Purchasing Additional Shares; Unconfirmed.
Key Data: high level of short interest allowing for a possible short squeeze to occur.
Short entered in around the $30.00, if we pass this number, we may see massive skyrocket in price.
I do also believe fundamentally this stock is under priced.
What we want to see is the top trend line broken through and surpass $30.00, following a possible parabolic rally to occur.
May the Fourth Be With YouToday's breakout is a very nice thing to see, but I think the real date to look out for is May 4th as we're a bit above the rim and we could come a wee bit down from here.
I'm thinking either that happens or we see this rocket really take off. Rumor has it that retail owns the float on this badboy, so if the price climbs those with short positions are really going to feel the heat.
We hodl.
Ascending Triangle Breakout - BOOM Massive Short SqueezeAscending Triangle Breakout on 2hr chart in the context of a short squeeze above 42.60 - plz see prior post
Catalysts (from Reddit) www.reddit.com
1 Nomura Earnings 27 April
Nomura is the last of the big banks with Archegos exposure to report earnings. This will inform hedge funds that the risk of big banks unloading millions of VIAC shares is over. Hedge funds will be more willing to take a heavy long position on VIAC knowing that they won’t buy in right before a big dump of shares.
2 Discovery Earnings on 28 April
Discovery recently filed with the SEC to move their earnings forward a week. The most likely reason for this is the company beat guidance and management wants to defend the share price. This is bullish for VIAC for two reasons. First, it suggests there is significant growth within the streaming market. Second, Discovery has been trading with a high correlation with VIAC since the Archegos fallout, so good news from Discovery would portend well for VIAC’s share price.
3 Wash Sale Rule 30 Day Expiration
The wash sale rule allows you to take a tax loss on stock as long as you don’t buy back the same security for 30 days. Most of the Archegos sell off occurred in late March. Firms are now entering the the time where they can load back up shares, take a tax loss and still be long on stock. Because of the high price target many of the firms set for VIAC, they will want establish exposure to the stock before earnings on 6 May.
Massive Short SqueezeVIAC down from over $100 to less than $40 in a rapid decline, slow bleed for the last few weeks increased shorting.
Short Interest currently at over 100M shares on a float of 550M, solid company which got caught up in the forced liquidation of Archegos Capital positions.
Tightly packed Squeeze triggers above 20MA at 41.99,42.69,43.11,44.37,46.25,48.40,49.51.
Target $60 on Pop.
$FUTU can rise in the next weeksContextual immersion trading strategy idea.
Futu Holdings Limited operates digitized brokerage and wealth management platform in Hong Kong, China, the United States, and internationally.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next weeks.
So I opened a long position from $135;
stop-loss — $120.
take-profit — $170.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
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next short squeeze ASO according to redditThe numbers back it up. pile in. Shorts have yet to cover and may have increased their short position more since 3/15/21. I have $35 strike calls 4/16 expiry. It's like a southern dicks sporting goods that have the majority of its locations concentrated in states that don't have mask mandates.