ROOT - LONGI think, due to the high short interest and the weakness in the decline lately that the next month is going to be suprisingly good for the upside.
Let's see.
Squeeze
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.
Gamestop: the mother of all short squeezes is inevitableThe moon is not as far as you think it is:)
This short squeeze will go down in history
Power to the Players
Root Root Root for the Long TeamRoot, heavily shorted out of the gate, probably a bit much. Good tech on the insurance side, great value here at $14, upside to $20+. Strong technical response thus far, early stages of reversal. Watching key bound test at $21 to see if bull channel takes.
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!
formation for a swing being madewith 17% float in the short position at the time of publishing, it would be interesting to see when the squeeze takes place.
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
Repetition?In my dumbass mind this looks like the same as before. Might have a huge squeeze in the near future 🥶🥶
GME - Island Top or ATH?HH - HL. This chart is running on technicals and big money. .786 Gold Channel Res at 300 psychological.
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
CLOV Squeeze SetupWe have a descending wedge squeezing into a point, strong Friday AH volume, Oversold RSI popping out of the downward trend, MACD turning positive, price sitting on the original investment price for the IPOC spac, large short interest, earnings on Monday and the Clover Assistant technology showcase Tuesday. If there was ever a recipe for a short squeeze, this is it.
1st Target the 38.2% fib retracement around $12.50.
AMC spike and eventual GAMMA SQUEEZEMy first chart on the program and by all means no expert at trading, so bear with me. I see some recent trends here with AMC that I can't help but entertain some similarities to AMC's first spike. We all know trading was restricted and ultimately killed a lot of the hype around AMC stock among others (RIP $NOK) to keep everyone from buying in. People were selling other stock to just get in, all to be let down with losses AyyTmo. Not this time, This next round of spikes and ultimate gamma squeeze can't be stopped!
As you can see here, we just hit the latest resistance level, from the previous support level post restricted trading. I see that as if we wouldn't have restricted trading, that trend would have continued on 1/27 where we would have seen the continuous rise ultimately to the moon. That be in the short spikes continuously testing the support and resistance levels as folks buy in and out ultimately rising of the price. Since that did not happen, I think it's happening again. With all the shorts and squeezes happening to ultimately drive up the price as well, I see this as trading platforms not being able to stop history because the market dictates what it dictates.
My first chart I made, definitely more to learn but you can see where we can draw and informed guess on what might happen next and let's cash in $AMC and send $DOGE to the moon as well! Happy Trading!
Massive short-squeeze incoming Extremely high short volume on this one recently, look for a breakout out of the flag, into a massive move!
$AMC possibly squeezin to $9 -$16??? Potential 1:16 Risk Reward.AMC Holding 5.30s For a Potential squeeze back into highs. If we can break $6 it's up to $9 then $16.. Purely Speculative play but the volume is where it needs to be currently @ 88M. stops @ 5.10 RR 1:4 and 1:12 and PT's.
FUBO swing idea-Consolidation becoming tighter, sitting above 20 ema.
-Significant short interest.
-Funds starting to buy in recent days.
-If volume increases significantly in the next days, it may start to take off.
SOLO Falling Wedge Setup (Short-Term)SOLO looks like a great setup as long as we can break through 8.2 then we can see short term upside to 8.75 then 9.22. It could see 10 as well! I'm entering calls 1 month out. Going to add dips from 7.8 to 7.5 (full position)
ITP has three year resistance in sightThis is the weekly view of ITP. With a float of less than 25 million shares, and around 25% of them short, this chart looks primed for a short squeeze. Today, volume was about 5x the recent average, and was close to double the overall float. Based on the weekly chart, the next level of significant resistance is around $1.50/share. The stock closed at the highs of the day, and after hours it's up even further. If ITP can continue through $1.50 tomorrow, the next area of major resistance is around $2.00, suggesting a potential 30-40% upside from here.
