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Shortsqueeze

Macy's? I'm Long LmaoKinda doing this one for fun, it's cheap with low risk. (Tight stop). Macy's is at a pivotal point, and is trying to reverse the bear trend, which is still apparent on the weekly chart. Fundamentally, it's a dead business, with -$259M in revenue and with insiders owning only 0.12% of shares. Long term is still bearish but I think price action is just doing it's thing on the daily. Also was this stock targeted by the short squeeze crowd before? Regardless I just think the chart looks kinda neat on the daily lol.
NYSE:MLong
by barrycharts
1
GME gearing up for more upsideAs predicted in my older posts, GME is now nearing the completion of the Cup and Handle pattern. This is very bullish, and indicated that it is ready to continue its long term upward trajectory. The long term trend we see with this pitch fork from the ATL to first peak and next low outlines that we should be expecting another test of the top of the 1x trend line at around 760 to 800, and after that, we could even see a run to the 2x trend line like in January at around 3000 to 3200 within a months time. This is the best case scenario. I consider this trend invalidated if we fall below the purple zone between 90 and 80.
NYSE:GMELong
by baumulrich
$AMC Update - In Depth Chart Analysis2 hour chart, will be interesting to see how this plays out tomorrow, very heavy resistance at the 161% retracement level, but if broken through and support at that level is shown, it can potentially mean the next fibonacci retracement zone being 57 - 90. MACD looks like it wants a reversal as well, so that gives me some further confidence for the Fibonacci levels and price action, and lastly, the ADX & DI Indicator showing convergence and consolidation within its range also signaling a bullish price swing. The second path I highlighted as well, just in case the resistance at that fibonacci level is too much, which in turn would knock the price down. Not saying this goes right back to $30, but the yellow highlighted horizontal support levels are important price levels to look for when looking for support, as well as a reversal. In my opinion, things are looking bullish to me on this chart, as well as 30 min and 15 min charts. Break out of this 57-58 Range and we have not only a fibonacci support zone now, but as well as a breakout from this pennant. GLTA
NYSE:AMCLong
by chartxzy
3
$CLOV Update, Important Current Factors Finally popping like it deserves, options playing out nicely with this one. Very important that we hold around this 10.50 level being the 38% retracement level from the ATH in January. I would like to point out that the short interest is 31% of the float, with insiders not being able to sell shares until $30 a share. There are plenty of really informative DD posts on reddit that I fact checked myself that give all the in depth fundamentals, so I will link those as well. Link: www.reddit.com As of technical's, CLOV showed it could easily break though that 38% retracement level reaching a high today of NEARLY 11.20. The fibonacci's dont mean panic sell if it dips below 10.50, this is a daily chart, so with a close over or around 10.50 today, this would give me a lot of confidence in this reaching the next Fib zone which I highlighted in purple near the 11.86-12.00 range. 10.20 is support for the day today, 6/7. According the research that I conducted myself, as well as others research, nearly 90% of ALL shorts are in LOSING positions around the $11 price range, which can potentially mean gamma squeeze. The company itself has strong fundamentals which are highlighted in the reddit post I linked, once market share is captured and has even a fraction of the what other insurance companies have, this trades near $100 easily IMO. That is WITHOUT the squeeze potential. Fib Zones with my targets, as well as support and resistance accordingly. Z1: 6.35 - 8.95 Z2: 8.95 - 10.57 Z3: 10.57 - 11.89 Z4: 11.89 - 13.20 Z5: 13.20 - 15.07 Z6: 15.07 - 17.45 Positions purchased June 2nd: 6/18 $10 Calls 7/16 $15 Calls 8/20 $30 Calls (Leaps)
NASDAQ:CLOVLong
by chartxzy
4
Short Squeeze - CMMBIdea for Chemomab Therapeutics Ltd.: - 131% borrow fee for shares. 47 shares available for borrow, according to iborrowdesk. - Bottom of Risk Range: - S3 Filing Sales Agreement with Cantor Fitzgerald & Co. dated Apr 30, 2021. fintel.io - Cantor Fitzgerald assigned overweight rating on CMMB and raised price target to $45. www.marketbeat.com - Good short squeeze material. - Non Optionable. Bought the shares $16.69 Expect share dilution $40-$50 GLHF - DPT
NASDAQ:CMMBLong
by UnknownUnicorn1043646
3
BTC At A Decision Making PriceRecently BTC price has formed some kind of a symmetrical triangle after a capitulation. There is a huge fear in a market right now, and i cannot help myself buying some alts at those prices. We will eventually climb back up. When? .. No body knows, but if btc decides to fall down from this pattern we may have a retest of a recent local low forming a double bottom or even form another one. If that is the case we should do that in a few days, otherwise expect the price to break up from the triangle. If price breaks up, expect a shortsqueze that could take us back to 50k close to a .702 fib. level. Once we are there we should slowly form a new ATH then have a blow of top to 70-80k and that should be the end for this cycle for BTC. We still have a long way to go and right now it is really hard to say where the prices will go in a short term period. In case you don't know, Where triangles are broken, the price can usually move for the same length as height of a triangle. That does not always happen but it usually represents the maximum price movement in that direction. Stay strong and hodl your crypto if you understand what you hold and are comfortable with the risk. You will get rewarded. I am not a financial advisor and non of this should be taken as a financial advise. Be well. BITSTAMP:BTCUSD
BITSTAMP:BTCUSD
by CR35