Fox CorporationLong
The #1 Reason This Stock Is A Short Squeeze
The problem is that short sellers
are trying to push the price of this stock
downwards.
Because we are in a bear market.
How do we know this ?
If you look at the latest chart
of the sp 500 here
SPX
You will see that the price
has crossed below the 50 EMA
this is a taking profit signal.
And also shows you that we are entering
a potential bear market.
Many people think its because of the
drop in the fed funds rate
which could be the cashflow investment
most stocks in the market market
Now look at this chart ofFOX
notice that the price is above the 50 EMA
also notice that the price is above the 200 EMA
This is also referred to as the rocket booster
strategy.
But the last step is the price
has to rally in a trend or hit a new high
Remember these 3 steps:
As you can see on this chart the price
has hit a new high
but it later on dropped
that is your entry point.
Rocket boost this content to learn more.
Disclaimer: Trading is risky
please learn risk management and
profit taking strategies.
Also feel free to use a simulation
trading account before you trade
with real money.
are trying to push the price of this stock
downwards.
Because we are in a bear market.
How do we know this ?
If you look at the latest chart
of the sp 500 here
SPX You will see that the price
has crossed below the 50 EMA
this is a taking profit signal.
And also shows you that we are entering
a potential bear market.
Many people think its because of the
drop in the fed funds rate
which could be the cashflow investment
most stocks in the market market
Now look at this chart of
FOX notice that the price is above the 50 EMA
also notice that the price is above the 200 EMA
This is also referred to as the rocket booster
strategy.
But the last step is the price
has to rally in a trend or hit a new high
Remember these 3 steps:
- Price is above the 50 EMA
- Price is above the 200 EMA
- Price has to rally in a trend or hit a new high
As you can see on this chart the price
has hit a new high
but it later on dropped
that is your entry point.
Rocket boost this content to learn more.
Disclaimer: Trading is risky
please learn risk management and
profit taking strategies.
Also feel free to use a simulation
trading account before you trade
with real money.
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Disclaimer
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