broke out of the channel. blew right through resistancealong with a short squeeze plus now they own 10% of btx. that catalyst alone should drive share price up
Shortsqueeze
GME TO DA MOONI see GME as a VERY, VERY, strong technical and fundamental play for it to go to the Moon. Firstly, GME is in a falling wedge pattern which is bullish. Also, the Bollinger Bands are coming closer together which means that the price has a higher likelihood to breakout and I believe that this breakout will be on the upside if it breaches the 180 resistance. The MACD shows the histogram flipping green which is also bullish. GME has been the online darling of retail investors and WSB, this I believe will cause GME to have a huge inflow of buying volume and opening of call contracts. GME has also been laser focus on wiping debt off of its balance sheet and aggressively transitioning to online. I do not believe GME's short interest of 26% a factor in the next squeeze. My take profits are $200, $215, and then holding the rest. My stop loss is at $153. This is not financial advice, I am not advocating the buying or selling of GME stock.
SKLZ Possible Swing Trade In The MakingNews for the day;
Skillz Shares Spike, Hearing Rumors Of Cathie Wood Purchasing Additional Shares; Unconfirmed.
Key Data: high level of short interest allowing for a possible short squeeze to occur.
Short entered in around the $30.00, if we pass this number, we may see massive skyrocket in price.
I do also believe fundamentally this stock is under priced.
What we want to see is the top trend line broken through and surpass $30.00, following a possible parabolic rally to occur.
May the Fourth Be With YouToday's breakout is a very nice thing to see, but I think the real date to look out for is May 4th as we're a bit above the rim and we could come a wee bit down from here.
I'm thinking either that happens or we see this rocket really take off. Rumor has it that retail owns the float on this badboy, so if the price climbs those with short positions are really going to feel the heat.
We hodl.
Ascending Triangle Breakout - BOOM Massive Short SqueezeAscending Triangle Breakout on 2hr chart in the context of a short squeeze above 42.60 - plz see prior post
Catalysts (from Reddit) www.reddit.com
1 Nomura Earnings 27 April
Nomura is the last of the big banks with Archegos exposure to report earnings. This will inform hedge funds that the risk of big banks unloading millions of VIAC shares is over. Hedge funds will be more willing to take a heavy long position on VIAC knowing that they won’t buy in right before a big dump of shares.
2 Discovery Earnings on 28 April
Discovery recently filed with the SEC to move their earnings forward a week. The most likely reason for this is the company beat guidance and management wants to defend the share price. This is bullish for VIAC for two reasons. First, it suggests there is significant growth within the streaming market. Second, Discovery has been trading with a high correlation with VIAC since the Archegos fallout, so good news from Discovery would portend well for VIAC’s share price.
3 Wash Sale Rule 30 Day Expiration
The wash sale rule allows you to take a tax loss on stock as long as you don’t buy back the same security for 30 days. Most of the Archegos sell off occurred in late March. Firms are now entering the the time where they can load back up shares, take a tax loss and still be long on stock. Because of the high price target many of the firms set for VIAC, they will want establish exposure to the stock before earnings on 6 May.
Massive Short SqueezeVIAC down from over $100 to less than $40 in a rapid decline, slow bleed for the last few weeks increased shorting.
Short Interest currently at over 100M shares on a float of 550M, solid company which got caught up in the forced liquidation of Archegos Capital positions.
Tightly packed Squeeze triggers above 20MA at 41.99,42.69,43.11,44.37,46.25,48.40,49.51.
Target $60 on Pop.
$FUTU can rise in the next weeksContextual immersion trading strategy idea.
Futu Holdings Limited operates digitized brokerage and wealth management platform in Hong Kong, China, the United States, and internationally.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next weeks.
So I opened a long position from $135;
stop-loss — $120.
take-profit — $170.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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next short squeeze ASO according to redditThe numbers back it up. pile in. Shorts have yet to cover and may have increased their short position more since 3/15/21. I have $35 strike calls 4/16 expiry. It's like a southern dicks sporting goods that have the majority of its locations concentrated in states that don't have mask mandates.
GME was 146% short, this is 216% short. SOS! Another Reddit target is looking extremely ripe. Whatever short-sellers are crowded in there did not do their DD or realize how crowded it was. Whispers are that they have the 3rd batch of crypto mining rigs going online on April 14th.
seekingalpha.com
www.reddit.com
twitter.com
$RIDE Primed A potential break out in the making could push some massive moves!
Keep a close eye... for the utmost safety, wait on the earnings call eod today or spin the wheel a Lil early ;).
Do you own Due Diligence on what is happening and make a sound decision. My best gains have come from these times in the past, especially on SHOP. Around $180, a short report said Shopify would never surpass $200 about two years ago now. I will hold and add and only exit if we break $9.00 and take my loss with pride!
Companies in the USA attempting to make the world a better place are risky currently, but in my opinion, they belong in any growth portfolio for the long haul as this will be the future. Buy the hype train, or buy when everyone else is fearful and taking losses. TSLA, XPEV, NIO, RIDE, and soon Rivian have/are/will be my personal long holds for the EV sector.
Gl and best wishes to all!
Sexy FlagSexy Flag formed.
What can I say, its ready for breakout!
The Company is focused in cryptomining and telehealth.
OS is 59M
AS is 60M.
Debt reduced 92% and more in works.
OTCQB uplisting and with goals to NASDAQ.
Share buyback at pen market was announced on their twitter.
ALSO CHECK THE LINK
How clever are Clever Leaves investors?Nice gap up candlestick and rising volume... is this an initiation gap up or a short term short squeeze/ bear rally? Awaiting to see how it behaves in the next sessions around the gap, in case it half closes it and then moves upwards i am going to start my initial position and build gradually from there.
Which silver stock? $AG or $PSLVAG and PSLV are both popular silver stocks that more or less track the spot price of silver. PSLV cannot be shorted as each share is backed by 1/3 of an ounce of physical silver. Meanwhile AG can be shorted, so let's look at this chart of AG/PSLV to get an idea of what short sellers are up to. At the beginning of the month it looks like short sellers got scared after the wallstreetbets headway with GME, and the rumors of setting their sights on silver. You can see the spike in the chart where the shorts relinquished their positions, sending a spike up on AG. Afterwards talk of silver was basically banned on wallsteetbets and short sellers moved back in. Now that the spot price continues to show massive support, the AG shorts seem to be sluffing off again. I'd say they're both great buys, and AG might see more upside movement in the short term. But will AG paper silver survive the squeeze as comex fraud is exposed? In that case PSLV might be the safer bet. Note you will need something like 30k shares to take delivery from PSLV, but at least it is an option and will more likely retain it's stock value in the event of a major unwinding of derivatives. This is not financial advice.
Bounced off FIb, Cup and Handle, bullflag + short squeezeOcugen made a covid vaccine.
Ocugen has 100% short utilization in IBKR
Ocugen bounced off fib the other day closing the gap + it has a cup and handle, + the company hasn't fundamentally changed since it rocketed to $20... Aside from minor dilution.
Ocugen has a target >$10 from analysts.
YPF **MASSIVE UPSIDE** WEDGE / OVERSOLD / MACD / SQUEEZEGuys,
This is loaded I am actually taking this trade right now. Just deciding options or stock. Will update shortly.
Monthly and all other timeframes back it up
1) VWAP - way under
2) Wedge forming (price action spring)
3) Inside a falling wedge already
4) In a squeeze
5) Oversold
$GME - Poised For Another Squeeze Towards $324Looking at the 30 minute chart, we can see that $GME is forming an inverse head and shoulders pattern. However please note that prices are yet to break above the confirmation line which is right around the 220.00 area.
An important factor to note here is that the right shoulder is forming above the 5DMA and the slope of the MA is positive. I therefore expect prices to find support at the 5DMA and continue higher and retest the confirmation line and complete the right shoulder.
Thereafter is about breaking above it and I expect a strong burst in volume if prices do so. A good way to confirm a valid break is to wait for prices to close above the confirmation line before getting in.
A pattern failure will happen if prices close below the low of the right shoulder which is around the 160.00 area and thus becomes a good level to place a mental stop loss at. Provided prices confirm the pattern, I expect prices to retest the highs of 324.00