APE
Blackberry / BB - 'Tis No Bubbling Volcano, But 'Tis a Geyser.I'm not a big fan of the meme stocks and I'm not a big fan of speculating. However, I was scrolling through the charts and I noticed that Blackberry BB had a unique tell in its monthly chart, which I will show inline since I have to make the post on the weekly candles, otherwise it won't display:
Simply put, BB has never broken its pre-meme pump and dump lows from the times it was front ran by the Marxist-Leninist PR brigade on Reddit/WallStreetBets.
It also has three months of relatively equal, subdued prices, before experiencing a small breakout this month.
And this pattern is something of a fractal to what we find in the weekly candles of our good friend BBBY Bed Bath and Beyond, but only on the weekly chart. Note it also never broke its weekly lows:
What's really notable is that Citadel Securities, which is more or less the dark pool market maker that keeps Robinhood, where retail lost $5 billion "Apeing" calls on memestocks during the biggest bull run in stock market history , in business, bought 1.966 million shares of BB, reported in June 30 disclosures.
Citadel also bought 2.265 million shares in BBBY, which was also reported in June 30 disclosures.
I said in my recent BBBY call that the fact that Citadel hasn't unloaded their BBBY bags (yet) is the real thing to watch, while Ryan Cohen's exit was a mere red herring.
All of that is just circumstantial stuff, but Blackberry did break out of its three month consolidation, took out a new high early in the month, and has made a healthy retrace without any particular bearishness:
The July --> August run was like 35%, which is pretty good in anything.
As of now, there's exactly zero chatter on Reddit about BB pumping, except for this one thread titled "BlackBerry is the next play by the apes" from last week, which was downvoted to oblivion and filled with mocking comments such as "Hahaha… how heavy are your bags???" and "People have been saying this since gamestop lol."
I've said repeatedly that social marketing, not social media, venue Reddit will not begin to promote a stock until it has already pumped and you're already paying way too much for options.
You aren't looking at organic posts by fellow college kids, but instead you're looking at a hybrid botnet/public relations firm pretending to be normal people for the purposes of having you inculcate yourself with atheism, leftist Party narratives, pornography, and to come and lose your inheritance to the market makers paying them.
So a lack of social hype, in combination with price action, in combination with Citadel taking a significant position, gives good pause to consider if BB is set for another fat pump and dump style weekly wick that will burn the hands of suckers who buy the tops.
Personally, I think it is, and the target is around $15. I expect it to be the usual lackadaisical long candle with marginal hype and a quick cooling off period that accompanies some other things going moon and then collapsing all at the same time.
So, when you see BB go up, don't chase it. Your "fear of missing out" will turn into an expensive spot on your Roth IRA's shelf.
And my usual reminder: Reddit is partially owned by Tencent, an arm of the Chinese Communist Party. Reddit wasn't your friend before Tencent took a stake, but they're even less anything but a filthy Marxist maelstrom to fall into now that the Evil Party has its hand around several of its ribs.
How spicy will it be or Will the APES go Bananas?Short on APECOIN.
LONG ON OTHER ASSETS, CHECK MY POSTS AND EXTRA CAUTIOUS AT THIS VERY MOMENT BECAUSE OF bITCOINS FAILURE TO BREAK HIGHER (STILL, IT MIGHT HAPPEN, 40%).
In any case, APECOIN is one of the charts i prefer to look for Short set-ups.
Previously:
BTC:
One Love,
the FXPROFESSOR
APE COIN 6H TA : Another BullRun ??This is the possible trend of #ApeCoin , As you can see the price is trying to break an important resistance and if it succeed to do that we can expect a bull run to 5.95$ to 6.41$ as the first target !
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👤 Arman Shaban : @ArmanShabanTrading
📅 08.24.2022
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AMC APE They have No Liquidity We are Over Sold and about to BLOW.
NO LIQUIDITY, SECURITY GOLD.
BWahahahahaha
DTCC Scrambling for Liquidity on the Open Market and doing an awful job at it, right in front of the peoples eyes.
You can't do that bs in the dark no more, its 2022 and people are on social media like never before, this is the era of ape like it or not were here and we ain't going no where.
Looking for a Large Move up, after breaking resistance (red line)
crayons are an acquired taste.
this not financial advice.
See you on the moon.
DNAA Chamath IPO play- high targetDNAA is one of Chamath ipo’s play that will moon ~ its a very risky play but it worth it
Looking at Monday opening my target are as below:-
1st target 75$
2nd target is 125$
And my 3rd target is 170$
Trade safe ~
Time For This To Go APE?DOWN WE GO!
From my technical analysis i am looking for price to hit $4! Reason for this is price smashed through a good level of support (red zone) Price has now been and retested this broken support as resistance both yesterday and today, this is confirmation of more downside moves to come for me.
We can also see we had a strong trendline formed which also broke and also got retested as support! Now these 2 signals alone are strong, but when they line up like these ones have this just confirms to me that we could see that push down to $4 range very soon. What i mean by this is price retested broken support as resistance at the same time it retested the broken trendline as resistance!
Also line this up with more downside moves on BTC and ETH i am expecting, a stronger USD and a large percentage of BAYC NFTs ready to get liquidated as collateral on some lending platforms the only way is down for me.
GME Super Bullish For a Friday, that was one hell of a effort to push up,
Even with the news of Ryan Cohens dump, GME pushed up and closed above resistance!
Killing on the 4hr chart!!! Monday I’m All in on GME
In anticipation of APE which will blow HKD out the water!!!
Fintel data looks primed to squeeze
Short Interest 59,908,446 shares
Short Interest Ratio 5.74 Days to Cover
Short Interest % Float 23.63% - source: NYSE (short interest), Capital IQ (float)
Off-Exchange Short Volume 2,241,572 shares - source: FINRA (inc. Dark Pool volume)
Off-Exchange Short Volume Ratio 67.61% -
900,000 shares available at 19% interest
AMC Could hit $14? Naw its AMC DayWe Fell Back below resistance before close, but IDC
Tomorrow Who Ever is Holding AMC will receive an APE on the 22nd!!!
This Will be Monumental!
Even if they don't close?
1. The Buying and Holding Pressure tomorrow will be Extreme!!
2. We will have holders from baby and game piling into AMC
3.For the First Time Ever we could finally expose Synthetic Shares in the Market!!!
4. I would think the 90 million short shares, would at the least have to be covered!!!
$33 with Ease
Win Win Win Win!!! We are Making History & showing the whole world things can change!!!! See you on the Moon.
This is not financial advice
Short Interest 95,091,742 shares
Short Interest Ratio 1.43 Days to Cover
Short Interest % Float 18.45%
Off-Exchange Short Volume 17,363,626 shares
Off-Exchange Short Volume Ratio 59.90%
GME RED DAY Bearish Short Term Pushed Back under resistance, very familiar move with #GME
GME has been in a channel between $47.50 & $19.50
GME is still in a #Bearish Trend now that we have pushed back under resistance.
My first price target is $33.66 hit in the after market
Next $32 OPEN
Next $30.99
Monday $28.99
Possible $26 by Monday
Also Possible we tap $19.60 for the third time and totally break down around earnings, without any critical news
Ryan Cohen 's attempt failed to make an effective dent with the 1 for 4 split. Shorts were still able to hide their position and continue to hold.
There are currently no shares to short, but with the news of BBBY Ryan is feeling suspicious to a group of apes.
Any how remember Stocks fall sharper then they rise!
Ill Reposition Monday or Tuesday after the Storm!
Short Interest 59,908,446 shares
Short Interest Ratio 6.37 Days to Cover
Short Interest % Float 23.63%
Off-Exchange Short Volume 2,247,179 shares
Off-Exchange Short Volume Ratio 47.94%
GME Cup & Handle Moon MobileGME Cup & Handle Moon Mobile
Is this the Calm before the storm?
Tea Anyone? Its hot!!! #Boiling
Short Interest 59,908,446 shares
Short Interest Ratio 6.37 Days to Cover
Short Interest % Float 23.63%
Off-Exchange Short Volume 2,247,179 shares
Off-Exchange Short Volume Ratio 47.94%
AMC MOASS enough said.Expecting a big bounce in the morning from heavy buying pressure, we are nearing #APE #checkmate
We are trading in an ascending triangle looking to be headed towards $34
Short Interest 95,091,742 shares - source: NYSE
Short Interest Ratio 1.43 Days to Cover
Short Interest % Float 18.45% - source: NYSE (short interest), Capital IQ (float)
Off-Exchange Short Volume 17,363,626 shares - source: FINRA (inc. Dark Pool volume)
Off-Exchange Short Volume Ratio 59.90%
BBBY to the #MoonBBBY is trading within graphed channel, i think we will wake up @ $32 or above!!!
This is far from over!!! lst night we fell to 18.01 and woke up at $30!!!
Short Interest Ratio 0.17 Days to Cover
Short Interest % Float 41.86% -
Off-Exchange Short Volume 66,651,279 shares
- source: FINRA (inc. Dark Pool volume)
Off-Exchange Short Ratio 58.02%
- source: FINRA (inc. Dark Pool volume)
Going Short on APEFTX:APEUSD
APECOIN seems to have top-out with the RSI indicator extremely overbought, and now it is pointing down.
It seems to have made a Falling Wedge Pattern, which is a bearish pattern, and about to break to the downside.
I’m going short here, with stop above August 5 highs.
Not a recommendation.
Good Luck to You
Ape short - Beatiful formation Reasons to take short:
⭐️ BTC bearish
⭐️ Dominance bullish
⭐️ 3rd touch
⭐️ Nicely squeezing to the level
⭐️ Level is 2 days old
⭐️ 36 ATR
⭐️ Under VWAP
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
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P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself