MREO 1D candle MERO:
A very, very interesting stock that jumped on the scanner (as a potential short squeeze stock)
Its data:
ID: (You can see a lots of insider and institutional deals)
finviz.com
Significant events in the near future (positive / negative catalysts):
finance.yahoo.com
Analyst Price Target on MREO :
www.tipranks.com
If we break the 4.79 we can see a violent upward movement, towards the gap
I would love to hear your opinion!
Squeeze
GME LONGGameStop has been holding up steady on the technicals. First price target is $200 and then $300 if we break above $338 resistance it can test the ATH and by then if ROBBING THE HOOD doesn’t stop trading sky’s the limit. GME shorts really want to hit the jackpot by wanting it to go bankrupt. Too bad new GME management is going to pay off their debt. Papa Cohen will succeed sorry shorts. Anyways I’m not a financial advisor. GME to the heavens 📈
Gold headed to 1900 in near-term, 2630 in mid-termGold just made a new 2-month high that indicates the end of the bull flag that started last August. It appears likely to continue to the 1900 level over the next couple of months. Depending on geoeconomic factors it may stall there or simply continue a 100% move to the 2600 level. This is not financial advice.
Huge gain for CHZ incoming end of bullish flag !Chz has been a great crypto choice for the start of the year, but have received some slowdown since the start of march now its time for CHZ to continue his path and break the bullish flag. His next resistance his most likely 1.5 then ill do a new post to explain the situation. I highly doubt that it could go lower than 1.35 but I would suggest to put a stop loss at 1.3 just to be sure.Also the short squeeze has pretty much come to a end and let then the potential for a long squeeze right after !
The interesting case of NXPI.It is now 4 hours into the day and I have analyzed a grand total of 10 stocks. I am clearing a lot of clutter out of my head though. If they ever pass a law that keeps U.S. markets open over weekends... I would worry for a lot of people's sanity. Chiefly my own.
Can someone explain to me what a Gann is? And what you do with it? Or give me some leads at least?
Is GOGO finishing its pennant?Fifth count of the pennant at localized .786. This is a tight stop loss trade for me but I think there is huge reward. Close to 40% short intertest on this stock, so a leg up could cause a huge leap. It clearly is still in an uptrend so the pennant holds. I think it looks to be a 1-2 1-2 by the chart, so I am targeted 23 buy July. Stop-loss is around 9.25 for me personally
Squeeze Incoming; 2.5 dtc A comp of $T and $VZ's stock. Similar setups, with VZ blazing ahead. $T seems a day behind. You can never be confident when playing short-term moves, but you can see the squeeze indicator Ppppin off prior to VZs move and it's doing it for T now. The rotation favors it, and it looks like some shorts might not have closed fast enough.
www.marketbeat.com
It's enough to place a small bet upon. I'm not a squeeze-hunter, but when it seems to be happening it's good to take a small position.
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!
IOSTUSDTWEEKLY
Price currently showing strong weekly bullish momentum since January 11th, after forming a high from the A-B impulse wave, before retracing to the 61.8% fibonacci level.
DAILY
After the weekly retracement to the 61.8% fibonacci levrel price began consolidating and formed a bullish flag pattern which began on the 5th of March until the 18th. Price finally broke resistance of the upper trend line and continue higher above the previous weekly high.
4HR
I have highlights onthe 4HR chart confluence between the weekly retracement and the daily retracement lining up with the 50% fibonacci retracement.
ENTRY
0.050000USDT
S.L
0.039255USDT
T.P
0.069662USDT
R:R
1:1.83
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.
Binary outcomes...just hold.When faced with binary outcomes then bet small and just hold.
Downside is easy to understand...won't be zero, and upside potentially large.
Even if the stock meanders sideways waiting for more re-structure news and earnings coming up...or the squeeze....it's a nice bet.
Ps..never short a dull market!!
AMC ... Buy a lotto ticket!If you can lose comfortably buying a lotto ticket then go long a small stake.
Earnings coming up!!
Its going to be binary....
And..so..like a lotto just put a few bucks in the game..payoff either squeeze that's not sqoze or a growth stock with a re-opening economy...its not bad risk reward 😃
2nd Squeeze on $GME future Elliot Wave price action Please see the 2nd squeeze price action illustrated in Elliot Wave
We do consider we are already at the beginning of 3d wave which should land us at 1.618 fib extension
2nd wave was confirmed by 0.618 fib retracement.
The previous Squeeze was confirmed by Elliot Wave where 3d wave was extended and 5 waves landed on 0.618 of 1+3 waves. Amazing price action