Antelope broke the floor. AEHLGoals 0.89, 0.78. Invalidation at 1.78.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
AEHL
AEHLAntelope Enterprise Holdings Ltd (NASDAQ:AEHL) For those of you that will be celebrating this weekend thanks to the CEI massive rally, I would like to present this chart of another low float stock that could see a nice bounce in the week ahead. I am very good at sniffing out stocks that are on the cusp of a short squeeze. Unlike buying a stock, when you can only lose as much as you invest, a short seller's loss potential is literally unlimited, which is one of the reasons why short squeezes occur. It's a panic and it can cause rapid moves higher in a stock price and in low float stocks the move could be even quicker. With just 2M shares public float and nearly 25% of the float sold short with a bottom chart, this stock is literally one of the best cases for a good risk/reward to create a short squeeze. This was a $7 stock less than 4 months ago and once it starts to squeeze higher there is really no telling exactly where it will go. One thing I do know, shorts need to buy back the stock to profit from their bets, which only adds fuel to the fire. The break of 3.48 next week could be explosive.