BETR Better Home & Finance Holding potential SHORT SQUEEZEOn August 24th, the shares of Better Home & Finance Holding (BETR), a company backed by SoftBank, experienced a drastic decline of over 94%. This downturn came as investors showed reluctance toward the online mortgage lender. The company had recently gone public through a merger with a blank-check company (Aurora Acquisition Corp SPAC) precisely when mortgage rates had surged to the highest levels seen in two decades.
In the case of Better Home & Finance Holding, an overwhelming 95% of Aurora shareholders chose to redeem their shares. This decision left the trust account of the SPAC with approximately $24 million by the end of June, marking a significant decrease from the roughly $283 million it held at the conclusion of the previous year. These details are revealed in filings.
Typically, when a stock has only a small number of publicly available shares, it becomes susceptible to high levels of volatility. Despite trading at $0.77 intraday, it's worth noting that on August 2nd, the SPAC associated with BETR was trading significantly higher, at over $60.
The situation with BETR brings to mind past posts of mine regarding the potential short squeeze scenarios witnessed with AMC Entertainment and GME Gamestop:
Given the limited liquidity in play, I am inclined to believe that a short squeeze might be on the horizon for BETR.
Looking forward to read your opinion about it!
Squeeze
Target - Why Is Everyone Desperate To Long Disasters?Target is another example of the so-called "contrarian" trade that circulates on financial social media where, somehow, everyone puts on their VERY SMART PERSON baseball caps and gets long because it MUST BE TIME FOR THE MOTHER OF ALL SHORT SQUEEEEEEEEEEEZES.
And yet time and time again it never works.
Paypal is a really fine example.
Paypal - Going Long In a Bear Market?
I mean cool, if you bought at $59 in May (you didn't) and sold at $77 on the last two days of July (you didn't) then you made $18 a share and are a VERY SMART PERSON.
And then it gave it all back in a day on earnings and people are killing themselves buying the dips again.
Same with T-Mobile, Verizon, and Disney
Disney - Is Your Compass Upside Down?
It's at long time lows. Went up a bit on earnings. And then gave it all back over the span of a few days and people are still "buying teh dip," primarily because some Signal or Discord or picture of a girl on Musk's new Xeeeeeeeter app said "muchwow prize target nao $120 be a winner like me and BUY CALLS."
These are things that you need to stop doing. When something trades like a bag of doorknobs for a long period of time it's because it really is a piece of crap that will eventually go lower, and so instead of buying that dip, sell that rip.
Better yet, ignore this kind of junk and trade what is actually trending, the indexes, or just go outside for a month or two and come back when the chop is over and save your trouble.
Look at the monthly bars on Target. "Zoom out," they always say.
I understand this because in the first two months I wanted to go long on this thing for at least a retrace to $150 too.
But instead the old "support" has become new "resistance."
And this tells you that new lows are most likely coming.
And when Target flirts again with $100 people will go even more bigly long.
The longs trapped from $125 and $130 will double their position.
But this piece of crap probably won't bounce.
Have you actually been on their website and looked at the clothes they sell? Look at stuff like women's intimates (lol). Do you know they have an isle in the stores devoted to fleshlights?
Do you know that they allow people to steal?
That, my friends, is real "fundamental analysis". What's the bull case? That someone told you the EllLioT WaVeS SaId $160 MiniMum?
This is a chain that was bounced out of Canada because it was Zellers 2.0.
These markets, all the equities, all the commodities, the entire world is in for a rough future. The rough future might only last for a few months, but it might last for a few years.
If you don't "paradigm shift" ahead of schedule, by the time you do get your paradigm shifted forcefully, it will be too late for crying.
And so my only wish with these things is to wake you up. China is the world's central stage and what's going on with Xi Jinping, the Chinese Communist Party, and its 24-year persecution against Falun Dafa is the fundamental story that everything else is a slave to.
Time to wake up, my friends.
Walmart - Congratulations. We Now Have "Confirmation."Walmart is another stock that, for some reason, people want to be bullish on. It's probably because Marxist social marketing platform Reddit's public relations firm nestegg r/WallStreetBets said so, or some GPT instance on StockTwits said so.
Yet it's another old company with an old business model that is anything but good. I haven't been to a Walmart in the United States in years, but the ones in Canada aren't even cheap.
They attract people from low social classes and people who moved here from other countries, but are seriously often one of the most expensive options out there and even shopping online are an automatic skip.
Yet people want to get long.
This stock is similar to Target
Target - Why Is Everyone Desperate To Long Disasters?
And Disney
Disney - Is Your Compass Upside Down?
And Paypal
Paypal - Going Long In a Bear Market?
In that none of them are one bit bullish, and yet people are rallied by a certain force into believing that it's time to BUY THEM CALLS because it's GOING TO SQUEEZE or something.
And yet when stuff like Apple or Meta trends upwards for 5-8 straight months you're told to short every pop while it runs away on you.
China's economic problems are seriously escalating and at a frightening speed. The effort is underway to destabilize the Chinese Communist Party, so long as Xi Jinping is its leader and the President of China, at least.
The ultimate endgame is to produce a situation where the CCP and/or Xi falls, but what the International Rules Based Order and its banking cartel want is not to have China's 5,000 years of dynasties and traditions return, but to replace the existing regime with something of a submissive soyregime that's nested out of Taiwan.
And because of this, retail stores are particularly at risk because everyone just loves and loves to put their hands and get their hands in Shanghai where the Jiang Zemin faction is.
When the day comes, the CCP will be gone and the Jiang faction and the CCP's 24-year persecution against Falun Dafa's 100 million spiritual cultivators and all that organ harvesting will become an international story, the only one that matters.
And these companies who have been supplying blood to "China" all these years will really wind up going Blockbuster and delisting.
Walmart's monthly shows us that we have a raid on the '22 all time high. The purpose of these kinds of events is to take out the funds and whales who use stop loss rules.
And if it's really true that Walmart isn't aiming for $180, then it means the next set of rules-based funds and whales to hunt is on the low side, which is a painful $50 away.
On the weekly, this ramp towards the top has been an amusing 52 degrees.
Trendlines are created to be broken because you're told that technical analysis and not price action is somehow important.
The reverse bullish upside down inverse bat pattern harmonic RSI MACD divergence clouds are definitely the way to understand the market, not the places where people are told to put their stops to "mAnAGe ThEiR RiSk."
And so the moons have come together on today's earnings to tell us that it's probably time to sell the rip.
Walmart has produced:
1. A failure swing
2. The rejection came on Q2 earnings as a catalyst/news driver
3. Months and months of insider sales
4. At a time when indexes are toppy
5. Jackson Hole, the biggest Federal Reserve policy meeting of the year, is a week away
6. JP Morgan is long some 15,800 puts with a strike of SPX 4,225 expiring September 29 that have never been in the money since the quarter changed
And so the trade setup is simple.
Don't try to buy the dip. The dip can't be bought.
Instead sell a rip back to the $158 pivot
Buy long duration puts
Sit on your hands and go outside
Take a girl on a date
Listen to music and have wine with her
Tell her that her hair is pretty
Come back a few weeks later and roll them out
Rinse, repeat until $99
Good luck, my friends. It's time to stop listening to the Internet and social media machine. People with low follower counts and low traffic can tell you the truth, but the big dogs are promoted because the purpose is to use you as exit liquidity lol.
🔥 Bitcoin BBW Indicator Predicting SQUEEZE! Be Prepared 🚨Bollinger Bands Width (BBW) indicator is derived from Bollinger Bands, a popular tool for technical analysis. It measures the distance between the upper and lower bands, indicating market volatility. A low BBW suggests low volatility and consolidation, while an increasing BBW indicates increased volatility and potential significant price movements.
Bitcoin has been trading in a neutral pattern for nearly 7 weeks, making it unclear where the price will head next. However, the BBW indicator, currently at its tightest on record, signals an impending explosive move, with a higher likelihood of a bearish trend.
Historically, once the BBW indicator reaches the Squeeze Area, it has been more likely for an explosive bullish trend to emerge. Although The last 3 times it has more often signaled an impending sell-off.
Be prepared for an explosive move in the next 1-2 weeks.
MMATNASDAQ:MMAT Has Recently crossed on weekly timeframe I’ve been using for trading. Very bullish.
Nearly every time it has crossed it has then run to the monthly (trigger yellow) which gives 1-3 MONTHS OF bullish activity consistently.
It has ran its course down and into accumulation past few weeks and officially broken out on my levels.
A close under 0.22 can invalidate the whole thing IMO.
Running PLENTY of long dated October and jan24 0.50 calls. Looking further possibly.
Looking very very strong here.
Bitcoin 4 Hours Time Frame Squeeze TimeTime to be focus now guys. August in. Let me tell you what I'm seeing:
- We are in between 2 liquidations poins (bearish-purple / bullish-green horizontal bars)
- My Indicator (Stop Loss Identifier): red and green lines getting closer after test on bullish SL without strenght to pop
- My Fibonacci Retracement Levels Strategy: Golden Pocket (orange lines) rejected 5 times and broke the level below as well and tested the next one where we can see the price sequeezing between the 2 liquidation zones.
Are we setting up for a nice SPX Squeeze before the big dump? I think the idea behind this trade is quite simple. Newer traders may get overly bearish following the downwards trendline, thinking short. This blindside bias may lead to quite a bit of trapped shorts, which may be squeezed if the market continues to show strength into the downwards resistance.
If you look closely, this is actually the first the the market has been somewhat range bound at the resistance. Every other time, we immediately and harshly sold off.
I think there is some strong possibility this market may see some movement up to the 4300 level, before more bears start building short positions.
Only time will tell
GME GameStop Options Ahead of EarningsAnalyzing the options chain of GME GameStop prior to the earnings report this week,
I would consider purchasing the 25usd strike price Calls with
an expiration date of 2023-6-16,
for a premium of approximately $1.83.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
Another meme to look at $esco its a gemTell me what you think if this delicious coin
This has a potential to explode , but also dyor , seen a high increase in holder , increase in volume , first list
This might be. Real gem
BBBY - I am still confident in this playI posted earlier about BBBY and that I thought it was a good time to buy, I still believe there is a good time to buy this stock if you are looking for a squeeze play. I have no idea how high this could go but the short interest shows 130% so that tell me something. There is always a huge risk to buy into stocks like this but some kind of reversal will come sooner or later. We can see the crazy spikes that been before and the SI havent been this high at those times. The marketcap is extremely low so pushing this ticker is very easy. If we bottom out around here the RSI is also showing a divergence on the weekly chart. This is extremely bullish. The MACD is way below the midpoint which also indicates for a turnaround. I would say its either bankruptcy or a big squeeze. I am NOT calling for numbers like 100$+ here.
You should be cautious when this squeezes because you never know how high it will go. But up to 3$+ is very likely in my opinion. And with a 1000% gain this could bring many retail in and hype this up. But as I said, This is a risk play and take money of the table if you gain from it. There are many retail investors that bought around 20-30$. These guys wont sell between 3-6$. Maybe 10, have that in mind also.
GME moon soon? v2Follow up to:
Like I said, breakout looks decent. We are testing the top part of the wedge, today is T+2 from our huge volume day, 3/22, but could extend deliverables till Monday. Looking to see options close today and have T+2 settlement (Tues-Wed PM) cause another pump.
Additional thing here in this chart is the CV VWAP Indicator. Taken from an old script I found on TV that was broken.
Author:
Adapted from: Detecting the great short squeeze on Volkswagen, Godfrey, K. (2016, February 18).
Shows some interesting leading indicator prior to GME's Jan 2021 squart. We have not seen movements of this magnitude since then. As you can see the indicator generally stays within the -50 to 50 rage, but we were magnitudes larger on 3/22/2023, similar to 1/25/2021. There are some other notable moments such as 3/23/2022, where we just ran up, then the indicator spiked, then we ran up again through T+2+2.
No guarantees but...
- EPS was positive on earnings
- still no 10-K from GME (why?)
- Liquidity still extremely low
- 66m volume day
I have calls :)
Squeeze Momentum IndicatorHello.
I thought it would be a good idea to comment on one good indicator.
This is SQZMOM by LazyBear.
It is one of a class of volatility indicators.
It has two indicative messages.
1. Crosses.
Black crosses indicate price contraction. Price contraction signals that the movement can no longer be continued in the direction of the previous momentum.
Gray crosses mean expansion of the market, respectively, the realization of the potential in the direction of the current momentum.
2. Momentum bars.
Green ones show upward movement.
Red ones - downward movement.
Now let's look at the difference of situations 1 and 2, first of all through the difference of indication 1 (Crosses).
No black crosses have appeared on situation 1. The price is breaking out of the channel and further market expansion is taking place.
Situation two also has a channel, but we already see 4 consecutive black crosses and a lowering of indicator bars.
It is also a divergence at the same time.
As with any other indicator, you will monitor whether the bar has reached the maximum zone (90 on average).
Situation 1 has not reached, but there are black crosses.
Situation 2 has reached ~90 zone.
The optimal entry point (in theory) is the first black cross and the down or up bar at the same time.
If momentum falls, it's short. If it rises, it's long.
However, practice shows that it is not enough, and we have to hedge with other signs. In this case the reliability increases.
Now you can predict the candle's exit from channel 2.
GOLD price action SQUEEZE. Long from strong SUPPORT.The price perfectly fulfills my last ideas. The market is heading toward resistance zone from the strong support level . The price is squeezed by descending triangle pattern and the price might bounced off it and go up to test the resistance zone . I think gold might go up if price action breaks out of the triangle pattern . My goal is the resistance at 1865.
$BBIG - Vinco Ventures - Mega Broadening Wedge$BBIG: Mega broadening wedge. Vinco Ventures, owner of Lomotiv the Tiktok competitor, will submit a plan and earnings report to Nasdaq to successfully regain compliance. Then they will name a new CEO around the same time the US President will declare an end to to COVID-19 pandemic. The stock price will gap above $1.00 and push up to $5.00 to complete the pattern.
MULN: SIMPLE SETUP FOR A SIMPLE PLAYDESCRIPTION: In the chart above I have provided a semi-macro analysis of MULN a penny stock that has seen a continuous drop since IPO after hitting record highs of roughly 1200 points but now down to penny stock territory.
POINTS:
1. Deviation of 0.2000 justifies SUPLY & DEMAND POCKET PLACEMENT.
2. Symmetrical Triangle Formation
3. ONE LAST TEST OF 0.3200 CAN STILL BE IN THE WORKS & WOULD MAKE FOR A MORE STABLE SETUP.
IMO: With current chart setup I would consider this stock to have great bullish momentum on the short term and should perhaps only be seen as a squeeze play rather than an investment over the long term.
SCENARIO #1: In a bullish scenario price action should break 0.5500 with strong momentum to give way to a potential squeeze of price action.
SCENARIO #2: In a bearish scenario if price action is to break down below 0.2500 with strong momentum this would invalidate setup and be an optimal exit.
FULL CHART LINK: www.tradingview.com
NASDAQ:MULN
TRXUSD - Potential Long after Squeeze. 50% ProfitWe received a strong Buy signal through Crypto Tipster v2 recently, after drawing a few trend lines and support/resistance horizontal rays it looks like this triangular squeeze is coming to an end, a large breakout is iminent.
As we are already sat on a strong area of support, our thinking is that breakout will be in an upward direction, with the next level of resistance bringing around 50% profit, or more!