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Shortsqueeze

December Squeeze for MSFTNASDAQ:MSFT had a short interest of 1.1 in the month of November. Since the beginning of the month it has formed lower highs and higher lows in resemblance to a wedge. The most traded price was during this month was around 216.34 and I believe that this price being broken along with the ascending wedge breaking, MSFT could chase 221.86 or higher. The CCI sits on its reversal line and many questions still remain, however if there is continued positive vaccine news and the new Xbox continues to sell, MSFT seems to hold a lot of upside at this price.
NASDAQ:MSFT
by crawfordpaul
GME [GameStop] Possible Short SqueezeFor the last few weeks, GME has been on both retail and institutional investors' minds, but for different reasons. Today, the pre-market price has broken through a very important resistance line, signaling a further increase in the stock's price. Institutional investors are overall net short on GameStop, rightfully so. In the age of digital distribution of software, there's little room for physical distribution. However, GME has come in the picture for retail investors on the hopes of a short-squeeze happening soon. A short-squeeze occurs when the market, which is short, has to buy back their shares to cover their losses, thus increasing demand/price of that particular stock. See investopedia for more info. It might be a self-fulfilling prophecy, since retail investors hope to catch the ride early and therefore increasing the stocks price, which in turn leads to institutional investors buying shares to cover their short positions. The main resistances on the mid-term are located at Resistance 1 and Resistance 2, around $32.50 and 47.50 respectfully. Consider taking some profits around there.
NYSE:GMELong
by FieryTrading
5
WATCH OUT FOR THIS TRAP ON BITCOIN!!Drop a like if this helps you out, its free! :) Bitcoin seems to be in a very interesting spot. With all the bullishness going around (I am bullish long term as well) I thought I would bring another side to bring some objectivity to the table. On the daily time frame bitcoin looks like its momentum is waning. As price continues to rise up past 14000 the volume and RSI is declining while forming a particular bearish chart formation (A ascending broadening wedge) If you zoom out on the weekly you will also notice some quite strong divergences being formed. NOW I am not saying bitcoin it going to 0 tomorrow. NO What I am saying is that watch out for a potential short squeeze maybe even as high as $16 000 but I do believe that at some point Bitcoin is going to bump its head and make its way south
BYBIT:BTCUSD.P
by BitcornBen
2
Bubble? What bubble? Ah this bubble! nah...You see how manipulative the markets have been with 1 twitt, forget about elections outcome. 2 key events: 1. 20% tax period starting towards end of March 2. FED to keep rates to 0% till 2023, what else do you need? Although valuations are to the sky short is out of the table at the moment, maybe towards end of 21-22,with rates at 0% where do you think all these trillions sitting at 0% will go? Get ready to see some crazy stuff happening, TSLA 1 trillion, Zoom 300billion , Apple to 3 trillion etc etc etc... can you stay on the sidelines for a year or more????
SP:SPX
by Philoslother
2
SPX500 COULD DROP NOW!Hey tradomaniacs, looking at SPX500 and the climb as expected we will probably see another sell-off here and at least a retest of the previous trendline to the downside. Orderbook showing loads of sell-pressure (probably profit-saves by bulls) which makes sense ahead the debate and NFP`s ahead. I expect that bulls will save their positions before the fundamental events with an unpredictable outcome begin. Technically we see a nice breakout with a current overbought market which will probably lose momentum soon. A pullback would be healthy for the bulls to find more power! We also see how DXY (US-DOLLAR-INDEX) almost didn`t drop and that Risk-On-Assets such as AUD and NZD didn`t really climb. Bonds are also stable and we see no yield-change which shows there is no significant cahsflow out of save havens into stocks. Good chance to sell I guess! LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
OANDA:SPX500USDShort
by Trading2ez
6
Bitcoin low volume short squeezeIt is my current belief that the current upwards price action is caused, not by bullish momentum, but by a temporary short squeeze. With other global markets rallying, it was inevitable that BTC would follow suit. If global markets fail to continue rising, BTC will mirror this. If bitcoin was truly breaking out to start the next great bull cycle, there would be substantial volume confirmation. Unfortunately, volume is still low, especially compared to volatility from several months ago. BTC has entered a bearish ascending wedge, which will most likely cause a break to the downaide withing the upcoming days. Expect resistance around 9750-9800 to slow upward price movement. This is the location of a previous high. Looking at the 1D chart, the ichimoku cloud, which has been green since 11May2020, will flip red this upcoming Monday (27July2020). Expect BTC to gravitate towards that cloud. On a larger time scale, BTC could still revisit the 7000s level before resuming its uptrend. TLDR: volume is low price action due to short squeeze bearish ascending wedge resistance around 9750 many traders expect pullback to 7ks
BITSTAMP:BTCUSD
by t1fordhorde
$CTIB Coronavirus play. Shorts sitting on huge naked positionAwesome looking short squeeze forming. Price spiked and ignited insane short selling. Volume exceeded outstanding shares by over 12 times in one day! Not a lot of selling occurred during pullback and now, buying pressure is forcing shorts to retreat. Light panic about to change into great depression in short camp. With such a low float this pretty much can go ballistic. I will sell half when I make double +. And then will see.
CLong
by Trade2Double
Buying climax/ short squeeze in Tesla My short trade has 3 parts to it: 1) technical price action 2) sentiment 3) fundamentals TECHNICAL PRICE ACTION : As can be seen in the chart, at the end of a bullish move, we've got a final gap up which ends up forming dojis/ hammers/ or simply a big bearish candle. My point is, anything but bullish engulfings have marked the top and given a significant retracement almost EVERY time. This also typically happens on high volume. SENTIMENT: Retail traders involvement is exceptionally HIGH ! Sentiment is overly optimistic robintrack.net The link above is from robintrack; which reflects the robinhood trader involvement. Retail buying has gone vertical in May & June; this corresponds to the last $400 of move from $800-$1200. Thus, it's quite likely to see a nice flush out of dumb money in the very near future. FUNDAMENTALS : Extremely over-valued stock and in the next down leg of the overall market, this should come back down to reality. I don't think the recent Q2 delivery numbers are something to get too excited about (down~5% YoY) as Q2 revenue & EBITDA is probably going to be a massive negative surprise. Further, I think Q3 & Q4 will be dismal which will finally end the hyper growth story for this stock. TAKEAWAYS: 1) I think Q2 earnings coming out in July should be a negative surprise 2) I'm seeing a potential down leg in the overall market in July 3) Target is ~900 (25%) correction sometime this month. And mid 500's (50% correction) before the end of the year. PS. Of course I could be totally wrong as I have been in the past by shorting this stock at lower levels and its only continued to breakout higher!
NASDAQ:TSLAShort
by markethunter888
12
Secondary Entry for BTC/USD SHORT SQUEEZE Price has fallen below the 9k support area and seems to have bounced at a lower support. Lots of traders shorted this breakout that are now trapped. Price is slowly rising back up to the initial breakout level. I am expecting a breakout of the resistance followed by a short squeeze that has big upside potential. As of writing market is accumulating below the $9050 dollar resistance. Great time to add to your position from the inital bounce or take a long entry anticipating the short squeeze!
BITSTAMP:BTCUSDLong
by jackomak
Watching for possible blow-off top, then shorting into JulyAs my followers know, I've been mostly sitting in cash and silver waiting for sanity to return to this market. Y'all bought stocks, and all I bought was popcorn, and it turns out the joke's on me. Here's how big the gap between price and fundamentals has gotten. On June 1, GDPNow reduced its Q2 GDP forecast to -52.8%. This is down over 10% in the last week. As stocks approach all-time highs, the US Congressional Budget Office forecasted a couple days ago that GDP over the next ten years will be about $7.9 trillion lower than previously forecast, and it may take 10 years for employment to return to pre-pandemic levels. In corporate earnings, FactSet notes that the consensus estimate for 2020 SPX earnings per share has declined by 28.0% while $SPX price has decreased by only 6.2% since December 31. We are finally seeing a slowdown in downward estimate revisions, but it remains to be seen whether estimates have actually reached a bottom. The forward 12-month P/E ratio for $SPX of 21.5 is at its highest level since January 2002, even as the risks are rising. We've added over $4 trillion in global corporate debt this year, even as credit rating agencies downgrade existing debt at an unprecedented pace. S&P Global has downgraded 247 issues in the last month and now has 1,287 on its potential downgrade list, surpassing the previous record of 1,028 from April 2009. So what's driving the indexes upward? Three things: unprecedented speculation from zero-commission retail traders, Fed liquidity, and the hope of more stimulus from Congress. I definitely expect the disconnect between price and fundamentals to go away eventually, but the question is when it will happen and what the catalyst will be. The combination of nationwide riots and technical resistance might cause at least a short-term pullback. We're now approaching some important resistance levels in both SPY and Nasdaq. SPY is approaching its top from March, and QQQ is approaching all-time highs. Generally I would expect a technical pullback from these levels and possibly the beginning of a big correction, and it seems like a lot of other traders are thinking along the same lines. We're currently seeing the largest futures net short position in SPY since 9/2015. However, I've decided not to play this particular resistance level, because IMO the massive short interest creates the possibility of shorts getting crushed in a short squeeze. We've also entered a clearance area on the volume profile, which means there's not much resistance until we hit about 322. The 9/2015 high in short interest led to an 8% gain the following month. Only in the four months after that did SPY finally sell off 14%. It also seems possible that we'll get another Congressional stimulus package in the next month, including either another round of stimulus checks, or an infrastructure bill, or both. Personally I am looking for the correction to start in late June or early July. In the last decade or two, June has been the last month of the bull market season, followed by seasonal weakness in July-September. June tends to be an especially strong month for tech stocks, and we're likely to see that pattern repeat this year. Waiting till July gives stimulus optimism and economic reopening optimism the opportunity to play themselves out, perhaps climaxing in a blow-off top as shorts get squeezed up to 322 ahead of the correction. Any parabolic move in SPY would be the signal to start shorting this market as we head into seasonal weakness in the summer.
AMEX:SPY
by ChristopherCarrollSmith
11
What Put:Call Ratio Tells Us About SPY QQQHere is a chart of the put to call ratio when compared with NASDAQ's ETF, QQQ. When the line is at the bottom of the PC chart, that means market participants are net short. When at the top, they are net long. I'm sure we've all heard the saying that market makers usually take the other side of the trade. This chart shows that this is a true. When stocks are going up, the majority of retail traders are shorting the market. When the market goes down, the majority of retail traders are longing the market. Right now we're in an extreme situation where the majority of retail traders are shorting the market and institutions are doing what they do best, hitting their stop losses and squeezing them out, essentially taking the free money on the table. When this is no longer profitable, the trend usually changes with a few exceptions (see March 2020). To look at it another way, institutions make money on retail trader's emotions which is specifically disbelief. They say 90% of retail traders lose money trading the stock market. I believe this chart is evidence of that.
USI:PCEducation
by ttrending
21