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Shortsqueeze

High-risk, high-reward drug catalyst play on ASRTAssertio therapeutics is slated to get an FDA ruling on its new drug application for cosyntropin depot by October 19. If the FDA approves the drug, the stock could move up significantly. Assertio has an 8.9/10 Equity StarMine Summary Score and is rated extremely undervalued by S&P Capital IQ. Despite relatively good earnings last quarter, the stock price is down due to a stock offering after the earnings report. Assertio also has a lot of exposure to litigation or regulation around opioids, because its most successful drug is an opiate. A new drug approval could shake the stock out of its lethargy and give it a really nice boost. Short interest in the stock is reasonably high, at 15% of float, which could contribute to a short squeeze. Of course, failure to get approval would send the stock tumbling.
NASDAQ:ASRTLong
by ChristopherCarrollSmith
2
US 30 Possible Bullish Scenario: Rosy PerfectionLast time we had Cup & Handle in Jun/Jul the market roared up 2k pips. Now we got a monster consolidation in August, with a perfect Cup formation; the countertrend Handle should follow shortly, as an EW 5-wave minor impulse is concluding now, in the right wall of the Cup. Another 2k pips from this level would target Dow price over 29K. SPX could push over 3200. Expect ATH on Friday or Monday, with weakness leading into the FOMC and after the decision. Trump says now he will consider 'interim trade deal' with China; if they can get a handshake on a partial solution in October we are gonna see a mammoth explosive exuberance into the New Year. If the Fed also plays Dovey and we get a happy meal, we'll have a Perfect Rosy Scenario in which put holders and call short-sellers get creamed. I offer this alternative hypothesis to the corrective structure I published earlier. IMO it could get really, really Bullish this fall, look out shorters! This is definitely NOT investment advice; just a short-squeeze nightmare. Trade at your own risk; GLTA!
DJ:DJILong
by DaddySawbucks
2
Bullish SharkLeap is looking to make another leap. Harmonic shark patterns leave more room for volatility trades and make for high reward scenario's when traded correctly. As of today (09-04-2019), 84,220 of the 261,828 shares traded where short. This is equivalent to a sizable 32.17% short percent. The technical's are now aligning with some key dates with a potential short squeeze on its way (assuming good data). $LPTX is trading at the lower end of the long-term trading range. Bullish harmonic shark pattern, look for profit taking and/ or chances to add at the 382 and 50 retracement levels to ride up to the top of the range. Not only does this trade have massive upside potential for a swing trade, it is also showing confluence with Fibonacci time-cycles, fib-retracement and trend. Tip of the day: Learning how to be disciplined is vital to trading volatility. Follow our trading team for ideas on how to stay more disciplined in biotech. Disclosure: I have no position in LPTX. I may buy or sell in the next 72 hours. This is not a note to but or sell. Please do your homework before investing.
NASDAQ:LPTXLong
by follow_the_money
$ALK is set to rally, bear trapped by good ER move.1. $ALK for the last few weeks was getting ready to breakout above long term resistance line. However, unknown result was keeping stock under the resistance line. Indicators however was showing more and more strength. 2. Stock currently above all MA's , 9,21, 50 100 and 200. 3. Right before earnings we had "golden cross" of 50 SMA crossing 200 SMA. $ALK rallied on that signal but was attacked the next day by shorts betting on fear before ER. 4. Now, as many institutions will re-balance their portfolios into the end of the month and move money into new positions we will see upgrades and higher prices for this solid stock. 5. Day before ER short volume was 60%. Now they have to get out and the only way out, to push it higher because is they do not cover, money inflow will force them out at higher prices. Cut your loss guys and move on.
NYSE:ALKLong
by Trade2Double
Overstock $OSTK May Be The Next Hyper-Shorted Stock to Blast-OffDISCLAIMER: I am not an Overstock bull. I don't believe in the future of Overstock.com or tZero, however this is a potential trade setup based on market conditions 1) On Friday, Dillards had an outsided 20% run on no news, but suspected that it was a short squeeze given the stock's 45% short float 2) Monday (yesterday) Lannett $LCI had also a large outsized run (up 40%) on no news but traders suspecting the 74% short float as the cause 3) Now speculation is which is the NEXT high-short-float stock to go. I would put $OSTK at the top of that list, with other candidates as $HIIQ, $HEAR, $PETS Make sure you visit behindthebid.com for everything you need for your premarket at a glance and other trading ideas.
OLong
by behindthebid
Your Favorite Bear ReportVolume Oscillation - paradigm shift on the belief. The attitude is gone. The Bull is in question and the traders are in waiting. Everyone is either looking for a deal to take this thing higher or they're looking for confirmation to get the hell out. We've dipped in volume to levels not seen since the start of the rally. RSI - Doesn't matter. Relative strength is uh.. No one cares.If price propagates around current levels for some time, the index could normalize and that'll give us relative room to go higher. If we do see a drop, the index will bottom out more suddenly and give us a new consolidation level fairly close to the current price. We're not going back down to $7,000 overnight. We'll likely test 10,500 and even 8,800 on the way down. There's really nothing else to make of the patterns other than we're clearly consolidating to make a decision from there. From what I've seen, you have got to be cautious on the way down. Short positions notoriously get knocked out when bitcoin gets to these longer termed consolidations. It'll throw up $500 increase on you before simmering back down to confirm an appropriate time to short. Don't just look for the price to leave the 'wedge' beneath the bottom portion of the triangle. Look for some volume and distance away from the dogpile.
BITFINEX:BTCUSDShort
by thehoplite
12
LONG TRADE CONFIRMED - TESLA Ready to rocket towards See my post below. I had activated 10 hours ago a trade. We are already up 7%+ since. The stock had finally closed above the 50 day MA at 227 yesterday. Today it used the 50 day MA as resistance. The news about above expectation deliveries will push it to at least 270 and maybe beyond. The key fundamentals are still active as per previous post! The key driver of the 50% drop in the share price was driven by demand issues. However, the 95k deliveries today shown that this is not an issue. Furthermore, China GIGAFactory will push the business case even further. Note that there is currently a short interest of OVER 30%+!!!!! Approximately 5-10% of those are currently under-water. I expect a lot of them to close, which will push the stock towards the margin / stop-losses of the remaining shorts. Let's see exciting times!
NASDAQ:TSLALong
by TurkishBearCapital
TESLA Short Squeeze incoming after bounce from 5-year resistSee investment thesis below. Looking forward to hear your thoughts and views! Also from people that have shorted the stock. I was short as well until the 180-200$ range where I changed my position. I am long Tesla now with more than 50% of my net worth as I truly believe in this company. Tesla has been recently targeted by numerous wall street analyst that have pushed the price down supported by negative media coverage. Some examples: - Media portrays mainly negative scenario (Bear case of $10 by Morgan Stanley). However, only highlighting that figure, while the that scenario has a very low probability and their overall stock recommendation is significantly higher. - Extremely biased portraying of risk fire of the Tesla Car (every car burned is huge news while the number of electric/Tesla cars is in no proportion to normal cars that are burned). If media would show those the internet would die from the number of car burns (170k per year in US along). While only 3 car burns by Tesla. Short Squeeze incoming The main volume that has been pushing down the price are the short-sellers that are betting on this (fueled by negative news). However, they have increased their highest stake 21% short interest to 25% short interest in a period that the stock was at 5-year low (175-180$). Those shorts are going to start a short squeeze similar as a few years ago. What are the similarities - Both cases there was a huge short interest - Both cases the weekly RSI was oversold - In the previous short squeeze the share price went up 190$ Upside potential: - Improvement of the Tesla narrative in the Media - Ambassadors of Tesla pushing more sales (many of the Tesla car-owners buy share as they truly believe in the product). - Tesla spends nothing on advertisement and still can't keep up with demand. There products are superiors as they can re-invest the 5-10% marketing budget in a better product - Autonomous car way ahead of peers (this is not baked into the valuation as it doesn't generate yet superior volume) - China (largest EV market) is going to bring Tesla to the next stage. The product is now selling 13k cheaper (mainly import tariff) with potential subsidy to increase further (in the past imported cars from US, while competitor cars have lost half their subsidy). Therefore the prices of Tesla have improved 15-20k compared to historic prices. This is going to be a game changer. The greatest thing about this!? >>>> The profit margin will improve (cheaper production / no shipping / tariffs alone were enough to cover price drop) >>>> Cash flow will improve (in the past cars would hold-up long period of time the inventory capital while shipping this is reduced significantly and pre-orders in China will be another boost of cashflows
NASDAQ:TSLALong
by TurkishBearCapital
1
Tailored Brands channel break, double bottom, short squeezeTailored Brands has been in a *steep* decline since its high of 35.86 in May 2018. It fell all the way to just above 5.00 this month. Wow. However, I see signs of reversal. Firstly, we've broken out of the downward parallel channel that the stock inhabited for a year. Secondly, We've formed what looks like a double bottom pattern. Thirdly, the stock's fundamentals are starting to look better. Its 3.82 P/E is attractive, and its forward P/E of 3.07 is even better. In the last 3 months, insiders purchased a net 143,015 shares-- much more than the net 36,253 shares they purchased in the 9 months previous. TLRD beat estimates on its last earnings report, and it said encouraging things on its last conference call about reducing China exposure. Plus, there's news this weekend of renewed trade talks between the US and China. As a bonus, short interest is 35.47% of float, which makes this stock a good candidate for a short squeeze. If the year-long trend changes and the price begins to rise, it could do so very quickly.
TLong
by ChristopherCarrollSmith
1
$TSLA Long setup - Horz support/100ma/50% retraceNot sure why I hear there's thousands of shorts opening up here at $193. This is where you start going long. Chart is self explanatory, we're sitting on the 100ma Monthly (white line), at Horizontal support (180-190), and at the 0.5 fib from bottom to All time high. Seem's like an easy play, I don't know if it'll be a "reversal" point but there should be a decent bounce. Let's what the news is in the next few weeks, I'm looking for a shortsqueeze and sharp bounce within a week. Check my last chart on AUD/USD which played out well, decent bounce and potential to go higher.
NASDAQ:TSLALong
by teckno05
1
Tesla Bounce and short squeeze setup. Tesla has been hammered with downgrades on demand concerns and the trade war. ONLY Negativity headlines are covered in the media and the selloff has been exacerbated by shorts. After the stock initially sold off and hit its 50% retracement, which it has done before and had an incredible v shaped revery... the stock recovered and closed higher even as the market sold off strongly. Helping shares recover was a leaked email to employees where Elon Musk says demand is stronger than output and they will have an all time record qtr in deliveries. Short interest is at almost 30% and everyone is negative on the stock after all the downgrades and headline making $10 & $36 price targets. The chart and indicators point to a reversal and the indicators are signaling a buy as well. With doubts about demand erased. Bears have little case on lack of demand, and i suspect it will trigger a huge short squeeze. Especially if analysts revers their tune on the leaked reports.
NASDAQ:TSLALong
by BrandonOsborne