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SNDL and NOK could be squeezed but be careful The GameStop isn’t the only company where greedy short-sellers got punished by WallStreetBets redditors. Sundial Growers Inc. (SNDL) and Nokia Corporation (NOK) are two other companies where traders with short positions got overexposed. Currently, their short interest (i.e. shorts / all shares) are 29% for SNDL and 14% for NOK. That’s not some crazy levels that should make short sellers desperate. Yet they could be squeezed some more if there is some coordinated action against them. To check what market participants think on average, we’ve posted the following questions to Cindicator’s Hybrid Intelligence: “The shares of Sundial Growers Inc. (SNDL) settled at 1.21 USD at 04:00 PM UTC on Monday, February 1. Will SNDL trade above 2.42 USD (+100%) earlier than trading below 0.61 USD (-50%)? (forecast 51-100% - bull scenario. 0-49% - bear scenario)” ------------------------------------- Assurance: 85% “The shares of Nokia Corporation (NOK) settled at 4.89 USD at 04:00 PM UTC on Monday, February 1. Will NOK trade above 9.78 USD (+100%) earlier than trading below 2.93 USD (-40%)? (forecast 51-100% - bull scenario. 0-49% - bear scenario)” ------------------------------------- Assurance: 86% This suggests that on average Hybrid Intelligence believes that the shares will be pushed higher. Yet this could also be a sign of excessive euphoria right before the party is over.
NYSE:NOKLong
by Cindicator
1
Nokia MT (February 2nd 2021)Nokia (NOK) (February 2nd 2021 through 2022) Low: $3 - $5 High: $9.44 - $21 So I understand there is some financial madness going on right now. Here's a scenario that shows how a short squeeze could hit monstrous levels provided it actually gets executed correctly. I do not have the most hope in this chart but all the paths I've provided are just ideas of certain price levels that seem important to me. This could end in glory, blood, or hit glory and end in blood. Who knows, but its very interesting to watch all these speculations play out with WSB reddit. Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
NYSE:NOKShort
by Hambooger
$GME - 0.53 days left to cover. The squeeze hasn't squozen yet.The days to cover has been dropping at a rate of 0.3 per day for the past week. 2 days ago: 1.13 days to cover 1 day ago: 0.86 days to cover Today: ~0.56 days to cover Do the math yourselves. The squeeze is happening either on Friday or on Monday. Also it's possible we will see double digits before things get better. The price is dropping NOT because people are selling, but because brokers are selling the same shares to each other while constantly shorting them which is illegal because it creates more shares than what actually exist. They are trying to cover their shorts in this illegal manner by creating fake shares. The NYSE is aware of the huge amount of shares failing to delivery at ~5million shares right now. It's 50/50. -We either get screwed. -Or they get screwed. I bet 300k e.g EVERYTHING i own on GME at 235. If i had more money i'd buy more. Any dip is a buy. When the squeeze does happen, this thing will blow up to multiples of the current price. Whether you bought at 100-200-400 won't matter. Just DONT SELL otherwise you're giving your shares to these assholes for free so they can cover at 100-200-400 instead of 2k-3k-4k which is what we want to force them to do. There's not enough time for them to counterfeit enough shares to cover their shorts. They can drive the price down all they want, the short will happen as long as you buy and don't sell. I am 100k down. DIAMONDS ARE MADE UNDER PRESSURE DIAMONDS ARE MADE UNDER PRESSURE DIAMONDS ARE MADE UNDER PRESSURE DIAMONDS ARE MADE UNDER PRESSURE DIAMONDS ARE MADE UNDER PRESSURE DIAMONDS ARE MADE UNDER PRESSURE
NYSE:GMELong
by leenixusu
2
The uptrend in silver continues!Last week, the opportunity for silver came true. Now the price is in a similar situation. After reaching $ 30 yesterday we saw a correction. We are now looking for its end for new entry opportunities. The expected resistance levels are in the area of the previous peak - 29.85 and in case of a breakthrough 30.82. Fundamental grounds provide opportunities for higher values, so be prepared. Some brokers are changing their margin requirements! If you have questions about how to trade this or another situation, contact us! To support us, like and comment!
FX_IDC:XAGUSDLong
by ForexTrendline
2
$GME - Monthly Chart on GameStopSince this went up soo much, sooo fast & made such a loud noise in the market.. I had to switch the chart over to a log view & monthly candle to get a good perspective on GME. Anyhow, IMHO If you were long back under $40, I would be managing risk & ensuring profits are made with conditional stop-limits. Would suck to ride this bad boy all the way up then back down :*( - Seems like the boys over on wsb reddit really upset the bic bois over on wallstreet this time and played them at their own game.. Only this time it is clear to see who is in the wrong... Short interest & the backend tells it all.. too much noise = putting restrictions & regulations on more stocks / investment vehicles to prohibit the small guys from winning... SHHH XD Anyhow GLTA, back in 1/20/20 I thought Gamestop was going bankrupt especially with corona & all the chaos in the market and that was before the back.. Now the stock is up over 4200%+ since that bearish post idea... too bad GME Bearish post idea I took a look into the options & yup the premiums for the calls are insane. XD had the chance several times to hop aboard but I guess bringing too much logic to the market is BAD... Well still think its awzsome stonkz only goez up right? Keeping an Eye on some put contracts for GME at this point but only risking what I'm willing to loose 100% of. $GME 1/21/22 $10 Puts $ 5 Puts .GME220121C10 Holy, GGZ to whoever got in under 2.00 for an over 10k% gain :o Personally, I would be very careful having too much money in GME or AMC stock as they are doing wacky things. We will see who comes out on top. Craziness & GGz to all who changed their life off these types of plays! NOW PROTECT THOSE GAINZ! :)
NYSE:GME
by AaronX
GME-GAMESTOP preparing for next LEG UP?Gamestop army does not plan to sell as soon as evidenced by the decline in volumes in the consolidation triangle. No shorts are closed, but no new capital arrives. I see the potential to drop to $ 180, where the fibo value will be 0.786 - typical of a triangle. The last lower high occurred at 786 as well, and in the event of a rebound from MA100 30min, the pulse can create a new All Time HIGH! Will we see the power of the graph in conjunction with a unique idea? The logarithmic graph indicates the continuation of the trend. #WALLSTREETBETS
NYSE:GMELong
by Tradify_Seb
1
The GameStop Reckoning has just begun.History favors the bold. Stories are never written about the meek or the weak. No, history favors those who bleed and donate their flesh to follow their conviction. Who here lost money in the 2017 Bitcoin bull run? I was newer to trading and brand new to crypto at the time. WIth my eyes full of stars and dollar signs, I loaded up my Bitmex account and when to town on an over leveraged long position. Within 12 hours, I’d been liquidated for the first of many times. Crypto was the bloodiest learning experience a novice trader could encounter and for that, I’m truly grateful. GameStop is an interesting beast. If you don’t know the story of how we arrived where we are, you will not learn that here. I’m going to briefly discuss what I believe will happen and provide some light for newer traders. GameStop’s fundamentals changed significantly. From almost knocking on bankruptcy’s door in March to Ryan Cohen taking three seats on the board, closing down shops and Dr. Michael Burry himself taking a huge position, things have changed big time. The media refutes this though. They have the same info we do but are spinning a totally different tale. Things to consider: 1) how many other stocks are being shilled and pumped as the next GameStop style short squeeze (silver anyone?!) 2) the media alleging that big players already closed their shorts. (Hi! Where is the volume showing this?) 3) very low volume on this move down compared to the explosion of volume that confirmed our recent move up. 4) very new accounts popping up on Reddit in a certain forum, some alleging the sky is falling in GME, others weaving tales to draw sympathy for those poor, poor hedge funds who’s feelings we hurt. 5) short interest date is incomplete, vague and downright misleading. I believe we are seeing a small correction due to margin req’s through the roof for GME, robbinushood allowing investors to buy one share a piece (if you forgot, we are too stupid and poor to take risks in their opinion) and other brokerages limiting trading as well. This correction in conjunction with the paid for media FUD machine REEKS of what they did during the election, the early days of Bitcoin and really anything else that threatens the status quo. New traders, do you want to be a part of history or would you rather have yet another missed opportunity to tell your friends and family about? History requires us to bleed. No tales are written about people who hid and waited for the storm to pass. Hold strong. The monthly candle is quite telling. I think we see a small pause and then a green ripper towards the riches in Valhalla.
NYSE:GMELong
by Gameonanon23
5
WE LIKE THE STOCK (GME END GAME)Okay, on a more serious note, if you have made life changing money from holding on to GME, for the love of god please take some profits. Pay your bills, mortgage, help out your family or someone in need. I am saying, nobody really knows where the top can be, or if the squeeze is even completed. For all we know Melvin/Citadel already drove the price into sub $100 range closed their positions. You've already done well, you've held and gave wall street the middle finger. Don't let them fuck you again by letting huge amounts of money go down the drain. This TA is simply based on fibs and EW, and is a total crap shoot. I'll pat myself on the back if it actually plays out :D
NYSE:GMELong
by chillingeffects
2
#PUMPXRP Are you attending? As many of you interested in XRP may know that tomorrow there is an event, that is supposedly leading people to buy XRP at one moment , resulting a strong spike to the upside as all the sells walls will be bought at once. This event should supposedly happen at first of February ( tomorrow or 1.2.2020 ) at 1:30 PM UK time. It's unknown who is the former of this event, but it may seem a bit sketchy , as if someone bought XRP low, around $0.20 and want to sell tomorrow ( at the time of the event ) to yield from the price spike. It doesn't have to be a whale in particular, but it could be. As there is a lot of hype followed by GameStop buying and Doge buying. So is there really something sketchy going on? Well it may not actually be the case. As you may know Ripple company had a lot of problems with SEC, which decided to BAN XRP from American Exchanges. This ban resulted in a very strong drop and seen a very strong spike in short positions. What I think, this is a gang-up against SEC and XRP short contracts, to liquidate the biggest XRP manipulators, that may have to do something with the SEC ban. So whether you are attending or not, we are for sure a witnesses of a retail investors (us) against a intuitional investors that moves the market to their liking, leaving us mostly in a loss. Just imagine the world, where it would be impossible to short Bitcoin or any other cryptocurrency. Do you really think we would see such strong moves to the downside? For sure there would be profit taking, but not selling at one specific time for the good of short positions. That's my opinion, what's yours about this whole XRP situation? Let me know in the comments. Use the resistance levels as your take profit levels if you are looking to trade, same as I do. Thanks for your time and good luck trading! Tibor
by TiborVrbovsky
19
The Black Penguin Waddle of 2021 The chart is one possible visualization of the confluence of unpredictable high-impact events. For example: February 24th, 2020 World Health Organization declared the COVID-19 outbreak a pandemic and warned that "much of the global community is not yet ready, in mindset and materially,.." Over the following eleven months over 2 million lives were lost globally, more than 430,000 of the US. Wall Street hedge funds lost billions by betting against a group of amateur day traders who banded together on social media to execute a short squeeze. They sent shares of depressed companies like ( GME ) GameStop and AMC ( AMC ) up into the stratosphere, hurting the billionaire hedge funds that bet against those stocks. Called by some "The Grand Awakening" It was an unprecedented attempt to compete with the pros on Wall Street. The action raised questions of equity and policy reform to ensure a more level playing field. 1) The Black Penguin evokes the Black Swan* symbol from the 2007 book by author and former options trader Nassim Nicholas Taleb. The symbol of the Black Swan represents the extreme impact of rare and unpredictable outlier events.
FX:SPX500
by gb50k
4
Where Will r/WSB Send XRP?This Idea is Based On The XRP Pump Group, Which now has over 220k Members.. Not Financial Advise* Looking For Price To Hit 1.272 & 1.618 Fib Levels Based On Our Fib Channel! Will Take Profits @ price targets as we expect prices to correct* Want To Start Compounding Your Crypto? Start Replicating What Experienced Crypto Investors & Traders Do To Consistently Profit In This Volatile & Emotional Market! Receive Crypto Trading Signals & Copy Our Portfolio Learn Trading & Investing 'Best Practices' Consult With Like Minded Crypto Investors & Traders Join The Crypto Collective Link Below! Keep #ContemplatingCrypto
BITSTAMP:XRPUSDLong
by contemplatingcrypto
6