Opening Range Breakout Strategy Lesson In this video I explain how the opening range breakout strategy works to perfection. Today I was able to catch a 39% mover because of one of my favorite strategies, the opening range breakout. I use this strategy almost everyday and mostly with stocks with a lot of volume. This strategy works on the 5 minute candle. Hope you guys all enjoy the video, thanks for watching!!!
ATER trade ideas
A review on the watchlist I shared last week..!
In this post, I want to review the outcome of the watchlist I shared on August 28, for the stocks with short squeeze potential.
30 out of 50 finished the week with profits(60%)
10 have +10% gain(10-32%)
The worst outcome was (-7.99%)
These results clearly show we should take the Quadruple Witching phenomenon seriously, and most heavily shorted assets will experience nice rebounds weeks before these dates!
The Next 3 Extravagant Weeks ahead..!
www.tradingview.com
1- NASDAQ:KNBE
2- NASDAQ:KIRK
3- NASDAQ:FFIE
4- NASDAQ:GDRX
5- NASDAQ:BGFV
6- NASDAQ:ATER
7- NYSE:SKLZ
8- NASDAQ:SDC
These results are far better than WSB's top 50..!
Regardless of fundamentals, any asset has the potential to make you some profit at the right time..!(Mosh)
ATER Trying To Redeem ItselfWe've looked at countless charts and share structures of the so called "short squeeze stocks" with ATER popping up. While it isn't the highest short interest, sites like finviz point out a short float percentage of over 20%. Further, the penny stock fell hard in August after filing a registration statement for selling shareholders at 2.7 million shares. Thanks to the likes of SPRT BBIG and even MMAT , these high-short interest stocks are the talk of the market right now. The big question is will they hold up to the hype and how long will the moves last IF they even begin in the first place?
" While no news was announced sparking this gain, we did see many tech penny stocks climb during today’s session. However, it did report its second quarter 2021 financial results only a few weeks ago. In the results, the company reported 14% growth in its revenue YoY to $68.2 million. In addition, it managed to grow its gross margin from 46.7% to 48% in addition to decreasing its operating expenses from $29.4 million to $28.4 million...“This has been a challenging quarter for e-commerce marked by a global supply chain crisis, inflation and an extreme shift in consumer behavior due to the opening of brick and mortar stores after the relaxation of COVID-19 related restrictions...Despite the difficult environment and significant increase in product variable cost, our sales grew on average 20% on a proforma basis across all fourteen brands compared to the second quarter of 2019.” The Co-Founder and CEO of Aterian Inc., Yaniv Sarig "
Quote Source & Read More: These 3 Penny Stocks Exploded on Friday, Here’s Why
$ATER Aterian Revised Fibonacci PT's
Well everyone if you had of looked at out post on Friday you would have had a nice 45% gain. 💪🤑
Please fin attached the revised PT's with Fibonacci retracements included.
Hopefully you find the chart helpful in terms of Supports & Resistance etc.
we refrain from adding commentary on the chart as that is reserved for our members and we are very conscious of not giving financial or trading advice.
Thank you for taking time to consult our chart and we would really appreciate a like, follow or comment.
$ATERAterian, Inc., together with its subsidiaries, operates as a technology-enabled consumer products company in North America and internationally. It provides Artificial Intelligence Mohawk e-Commerce Engine, a software technology platform, which uses machine learning, natural language processing, and data analytics to design, develop, market, and sell products. The company's platform provides home and kitchen appliances; kitchenware, heating, cooling, and health and beauty products; and air quality appliances, such as dehumidifiers, humidifiers, and air conditioners under the hOmeLabs, Vremi, Xtava, RIF6, Aussie Health, Holonix, Truweo, Mueller, Pursteam, Pohl and Schmitt, and Spiralizer brands. It also sells essential oils. The company primarily serves individual online consumers through Amazon and other e-commerce platforms, as well as through its owned and operated websites and other marketplaces. The company was formerly known as Mohawk Group Holdings, Inc. and changes its name to Aterian, Inc. in April 2021. Aterian, Inc. was founded in 2014 and is headquartered in New York, New York.
$ATER Aterian Inc On Squeeze Watchlist
Hopefully you find the chart helpful in terms of Supports & Resistance etc.
we refrain from adding commentary on the chart as that is reserved for our members and we are very conscious of not giving financial or trading advice.
Thank you for taking time to consult our chart and we would really appreciate a like, follow or comment.
ATER stock just touched 12.36 levelI think that we all agree that this stock is shitty and catching a fallen knife is not a good idea. However if you would like to do a speculative trade this is an attractive option.
The stock has just touched 12.36 level (20 x 0.618). Let me do the math for you:
All time high: 48.99
48.99 / 12.36 = 3.963
Current low: 3.97
In addition to this the price has just touched a bottom of Gann fan .
I believe that short sellers will be fearful to sell at this price and we'll see a pull back. I don't know the exact PT, since the stonk is shitty, but I feel that it would be at least 50% up.