$ALZN dips 3 times the past day. Short interest up. Squeeze?NASDAQ:ALZN has been on an interesting exponential decrease from $5000 per share to $2.5 since June 14th, 2021. Wow!
In the past day it has dipped a few times. It might be ready for a rebound!
Number of people shorting has increased over the past day on the daily chart:
Could the price squeeze up?
ALZN trade ideas
ALZN AnalysisNothing much to be analyzed on the daily timeframe as it's mainly consolidating. On the 4H timeframe, we can see price created an equal low at 0.8123, which could be a target for a short-term retracement. We see price took the highs at 1.0200 and drop immediately, signifying strong bears in control. I expect the sell-side liquidity at 0.8123 to be taken out before we see any retracement to the upside.
$ALZN is gonna fall todayPupm&Dump trading strategy idea.
$ALZN is rising too much today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $9,63;
stop-loss — $11,19;
take-profit — $6,52.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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ALZN - Stock/Option PlayAlzheimer’s stock… Been taking a beating. Good point to enter with a quick stop and potential wedge breakout in the next week. Above the red resistance trend line and you’ll see one or more of the white targets above. Good luck if you play. In the cloud is chop but if it gets above those red clouds see ya