Shortsqueeze
Short squeeze to $48,000 - $49,000 (retest broken uptrend) BTCHello all,
We've seen a lot of sell pressure over the past 24 hours, but now we need to retest the broken uptrend to either flip it back into support or confirm resistance / supply zone.
$48,000 - $49,000 depending on when the pump / short squeeze / relief rally happens.
Never put all your eggs in one basket (direction) the market is always one step ahead and you need to be also.
(the market is psychological, don't get trapped)
(this is not financial advice, just my journal)
Current Watchlist Including: $NNOX, $DOCU and $SPCEI will be honest, yesterday felt like I was shopping at the clearance section in Robinhood. All jokes aside, I think these three stocks have been shortened alot, and now w/ tax season coming up, the sell off has mostly already happened. I still believe in Nanox's overarching goal and do notice they are finishing up final phases of their factory (as least according to the recent images trending online), DocuSign seems to have lots of growth potential, and Virgin Galactic is still Virgin Galactic. If you want to go off of fundamentals, breakout potential or a positive retracement does seem there. That said, please invest at your own risk. Anything you do is at your own risk. This is solely on an opinion based basis and not meant to warrant any form of financial or investment advice once-soever.
Market maker building longs, get ready for take off!Lots of wicks to the downside without follow through, pretty much the opposite of what happened on Thursday. To me this implicates the market maker is building longs by getting you into a short... The sentiments is super bearish and everyone is screaming double top and is opening shorts... So a great moment for a pump. I'm expecting absolute fireworks from the Asian session tonight and EU session tomorrow morning, I don't think I'll sleep. We could see ETH trading at 4500 tomorrow evening. First we need to break 4150 and hold it as support and thereafter 4360 and hold it as support. If so, we could see them taking out all the liquidity towards the ATH by the end of the week.
Be cautious though, if they preparing a big move; they might spike the low one last time tonight before taking off.
The most healthy thing for the bull market is not to open any long but just buy on spot, that would already give you a 15% return in the coming days if(!) the above scenario plays out. Market opens in 2 hours, fireworks in about 5, lets see if this scenario plays out or not. Yeah I hear you thinking; you said a reversal this weekend, but instead we got an accumulation weekend, which is much healthier in my opinion. Go Asia! Oh, and I will update you with some new low cap gems by tomorrow, some great opportunities out there if you have patience and wait till they pump.
IMPORTANT: this is not financial advice. trade or invest based on your own risk and research.
AMC CME Gap's + Price Target of 51.55-51.69When it comes to CME's, common talk is price will re-trace to the gap at one point in time ( Can be sooner or later ). On this chart you'll see the various CME's in AMC but the most significant ones relative to recent price action are 2 CME's
51.55 - 51.69 (#2) 14 Cent Gap
&
38.88 - 38.14 (#1) 74 Cent Gap (Empty box near MA's)
Market open Monday should retrace us to the previous gap mentioned as #1
These CME's are based on Daily t.f. Charts and a couple including the ones mentioned above were fine tuned on 1 hour for accuracy more importantly the 2 above are significant due tp their resistance at these points. This chart is only showing CME's and will continue to track them on a weekly basis here.
Food for thought on options traders,
The squeeze is more likely to happen if you buy the stock and hold rather than trading the option. Put or Call. Doesn't matter
We need a SOLID floor.
Happy Trading everyone and remember,
Scared money don't make no money!
BITCOIN SHORTS are Trapped! From Maximum Bull to Maxi Bear PainAccording to this chart and information from datamish, it appears that the tide has formally turned in the favour of Bitcoin Bulls taking the reigns from overextended robobear BTC Shorts operating in the darker regions of cryptosphere. Shorting the Bitcoin Short/Bear so it's ultralong Bitcoin as World Reserve from $55K or so... Anything under $100K for real Bitcoin is a steal. Don't buy the unbacked fake and fraudulent US "regulated" Bitcoin fake ETFs ad Funds. A total US clown show the World has had enough of! Let's get to real fair trading, Bitcoin with it's math, truth and verifiability, is the King.
XELA about to breakout. PT > $8All indicators point to a breakout.
The company signed multiple new clients.
Possible short-squeeze is also in play.
CRTX Cortexyme 51.19% of float shortedCRTX, Cortexyme, has one of the highest short floated in the market, 51.19%.
The only one with a higher short interest could be BKKT.
Price Target 1: $21.40
Price Target 2: $30.50
Stop loss: $10.50
Looking forward to read your opinion about it
EURJPY SHORT (Mean Reversion)Confluences:
1: Stop loss hunt at previous high on weekly level plus a breakout.
2: Price heading towards high of the June(2021) which is an important supply zone with many retail stops.
3: Price has been moving very quickly which signals an over extended market for the pair.
Summary:
Price is currently over extended and has been moving in a up trend for 2 almost weeks straight. We are looking for a potential stop hunt at the high of June where many retail stops may be sitting.
There's is a potential for strong mean revision to take place allowing big players to hunt some stops and grab some liquidity before we see a continuation to the upside in a few weeks to come.
This trade is expected run for the next 8-9 trading days or until the target is reached, whichever comes first. Always remember to Buy to the low and Sell the high. We will see how this current weekly candle closes before looking for any entries early next week.
SDC Holders will smile again!!!SDC was smashed very hard , now its a safe bit to enter a worthy trade , price target and SL are shown on the graph .
Keep in mind this is one of the top trending stock in WSB.
Trade safe
Prog 4h looks like Wyckoff accumulation *long-term-bullish*not financial advise.
Beside the insane short-interest and the possibilty of a short squeeze:
The Stock affirmed all important support/resistance lines of a Wyckoff accumulation. If this theory holds, we may touch double digits Jan/Feb '22
O. M. G. SHORT SQUEEZE WITH WEAK KNEESIf you are at the top of that DOUBLE TOP... Be ready for DCA and start being more strategic with your moves in the market. Hopefully, OMG is not setting an example for where the market is going to be heading. I know, overall, we have been trading very well for the past few weeks, and some of us are getting cocky. If you have been trading Crypto for a while, you know this is normal, and you pretty much shrug it off, but for some of the newer folks out there, I'm sure you are freaked out. All I can say is be patient and trade smart. All of you have a good one and good luck.
BKKT Short Float 84.72% ! Ready for an Epik Gamma Squeeze ???BKKT perfectly touched the institutional support level of the Fibonnaci 0.618 retracement and now we see a doji trend reversal candle!
According to Finviz, the Short Float is 84.72%! I haven`t seen such a level since the GME gammasqueeze play!
About BKKT:
Cryptocurrency exchange Bakkt announced a partnership with Mastercard to offer crypto debit and credit cards.
Thanks to Mastercard and Bakkt, businesses and banks will be able to issue their own branded crypto debit and credit cards to consumers who want them.
How big do you think this can be?
Bakkt's also announced a separate deal with Fiserv .
Gavin Michael: “We want to provide consumer choice. We want to be able to provide the availability to use crypto currency in an everyday transaction,”
Is this the start of crypto adoption or what?
Bakkt also partnered with Google to allow its users to purchase goods and services using cryptocurrencies through the Google Pay wallet.
My price target is 66usd!
What is yours?
DN Delta 9 Cannabis ready to fly "high"Welcome to my DN Delta 9 Cannabis Analysis :)
This analysis shows two situations, once a Bearish Harmonic pattern and a Bullish Navarro 200.
The Bearish pattern would still have two targets Open:
0.215 CAD
0.070 CAD
If these targets are reached, I expect at the latest from 0.060 CAD with a very strong impulsive rise (possibly with a short squeeze by closing the short positions).
However, since a bullish pattern has already formed, the price could already rise now, the targets are the green price masks in the respective target areas.
Since this pattern can go even deeper, two more Varrianten projected in purple and gray, the corresponding price targets are in the corresponding colors in the target areas.
Point D Purple = 0.345
Point D Gray = 0.230
The massive pull back point is calculated from the Maximum Short Target, as from the intersection of a Bullish Start and Bearish Target Wolf's Mouth line ;)
If you liked this idea, I would appreciate a click on the Like button ;)
If you have any questions, suggestions or a different opinion, don't be afraid to use the comment function.
Thanks a lot
Disclaimer:
Please keep in mind that this is a pure analysis and only reflects what my eye shows me ;)
This analysis is for informational purposes only and is scientific in nature.
This analysis is not based on any fundamental data!
This analysis is not an investment advice and should not be considered as a buy, sell or hold signal.
Always do your own research before investing and seek the advice of a qualified person.
I am not an investment advisor or similar and do not make any investment recommendation here.
SDC SmileDirectClub at 52 week low!SDC reported a loss of 23 cents for Q3, wider than the year-ago loss of 11 cents.
Zacks Consensus Estimate was a loss of 15 cents.
52 Week Range 3.90 - 16.08
Do i need to mention that SDC is trending in the top 5 stocks of WallStreetBets?!
And that it has 10K calls this week?!
And that 32.74% is shorted?!
Looking forward to read your opinion.
My short term price target is 7usd.
Ater Harmonics: New Entry Point This will be a long hold with multi-bagging potential. The larger picture shows possible resistance price targets of around $30 and $40, but this is a long hold. Anyway. The entry here is at 6.15 exactly. I recommend taking entry one or two pennies higher. Potentially price could fail at the 6.15/16 level and find support and the 1.13 extension; however, the trend line would be violated so I expect other buyers to see this and pile in, keeping price from closing below the trendline. If price spikes below the trendline, have an order at the 1.13 extension, one penny higher. Set a stop at 5% and wait. Good luck, trade safely, and let's make that money!
GNUS BREAKOUTGNUS has been waiting for a long time, it showed a quick spike to 2.50 recently, call premium shot up 5000% on good news. i think GNUS is really ready for its final pumps. ANDY has secured their future with over 100,000,000 subscribers, and is early into NFT sales, not to mention sold his last company to Disney.
i think Gnus easily has 5-10$ targets placed on it, if not more in the future. watch out for GNUS, over this Q3 and Q4 rallies.
The Short interest is incredibly high, it will be center stage this year I know it in my gut.
WKHS Analyst Price Targets and Shower Squeeze PotentialWorkhorse Group Inc. (WKHS) share float shorted: 36.60%
Yesterday $35.8Mil buy order at $7.17 covered with puts at 5 i think. 5.7K puts.
With this new EV frenzy, my price target for a potential short squeeze is the 12usd resistance.
You can see on the chart other price targets from analysts.
I look forward to read your opinion about it.
Possible $AMC Squeeze This MonthSimple trend analysis of $AMC.
I'm seeing many similarities in Jan-Jun as I am in Jun-Oct.
If we continue to follow the pattern from the previous squeeze just as we have been for the last 5 months, we could see the following:
Nov 4th - 50
Nov 16th - 60
Nov 17th - 73
Nov 18th - 100
Nov 23rd - 246
Will this be enough to trigger The MOASS?
Only time will tell.