Shortsqueeze
Shortsqueeze BNB?oh, yes today was a volatile day, while Powell gave his testimony, the market moved a bit up and down.. With the news yesterday, that the increases may continue, the market was in a panic since a few weeks ago It was assumed that there would be no increases. Surprise the Fed did it again. But currently the market must price in .50 and who knows if .75, what I currently expect is this shortsqueeze move and then a gradual fall. Good luck friends.
MULN $ Bottom Reversal after the short attach on Muln that opened after we broke our ascending line at the 16th of feb, we went down to test our support above the 0.25$, which we broke it now, we need to hold above our current box between (0.18$/0.20$), in order to have a reversal and then test our current resistant below the 0.25$, which will give us the first signal for several and going again towards the 0.31$ profit taking .
Bitcoin Bull Trap??? Bitcoin blasted thru all bunch of major resistance then sells off like crazy.... Bull Trap!!?
Bitcoin needs to hold the yellow trend line, at least.
Not surprised to see Bitcoin doing this here.
Upon all seriousness the markets are still uncertain due to the Macro economic environment.
I think the reason for the BTC upside is the fact that a lot of Shorts got liquidated (Short Squeeze) plus there are some positive stuff happening in Crypto in other countries.
All this Celsius, BlokFi, FTX, Voyager, 3 Arrows Capital and probably a bunch I missed, has already been priced in IMO.
This is a very interesting time in the world with one of the biggest shift in monetary policy we will ever see in our life times.
Any who, hope you are positioned well as we head into uncharted territory as the World is changing faster and faster by the days passing.
Good Luck Out There!
$BBIG - Vinco Ventures - Mega Broadening Wedge$BBIG: Mega broadening wedge. Vinco Ventures, owner of Lomotiv the Tiktok competitor, will submit a plan and earnings report to Nasdaq to successfully regain compliance. Then they will name a new CEO around the same time the US President will declare an end to to COVID-19 pandemic. The stock price will gap above $1.00 and push up to $5.00 to complete the pattern.
BBBY in My Top Stock Picks for 2023BBBY Bed Bath & Beyond has the potential to become the next GME GameStop or AMC Entertainment.
Heavily shorted, analysts saying that the stock May Not Make It to 2023.
Perfect for a short squeeze.
BBBY Bed Bath & Beyond is one of My Top Stock Picks for 2023!
Looking at the options chain, i would buy the $3 strike price Calls with
2023-3-17 expiration date for about
$0.70 premium.
Looking forward to read your opinion about it.
TSLA Projection - Very TradeableExpecting move to 143 after the earnings report Wednesday, then continuation to 156
After 156 it needs to fill gap down to 122.68 and establish support there (will likely unfold by mid Feb. 2023)
The main move will come after support is established, goal target = 190 in March 2023
BBBY Volume and Short Sale Volume comboWith all the chatter about BBBY. I had to check it out and see where it stands on the price chart. Per trading regulations for Institutional traders. Stocks are supposed to be sold short on UpTick days. I think that is a bit of a misleading technicality. We can see the highest TICKQ readings for BBBY don't correspond with anything significant in the price action. Perhaps simply using the Volume Histogram and the Short Sale Volume Histogram and searching for a combination up Up days in Price and high volume of Short Sale Volume on the daily Close level. historically this would have been useful to see the levels Institutional players were selling from. Seems rather useful. NASDAQ:BBBY
GROM - Tiny OS Highest Short Interest = Short Squeeze ComingGROM has one of the highest reported short interests in the market it briefly squeezed from under 2 to around 4 this week
Then the shorts used the company doing a small 3 MIL offering to attack taking GROM down nearly 40 % on news
This shook many retail but let shorts win for the day, but I don't think this is an opportunity to pick up shares before the shorts get squeezed again
GROM now is left with what still is a relative tiny Shares Outstanding under 7 MIL
GROM now has plenty of cash to execute on its business and grow revenues and a clean balance sheet paid down debt interest
GROM has accomplished management with the connections to really grow this company
Do Your Own DD
SEE LINKEDIN
Jared Wolfson - CEO with some real nice connections
JAKKS Pacific, a leading designer, manufacturer, and marketer of toys and consumer products
Skyrocket Toys, Pacific Animation Partners, The Walt Disney Company, and Zag Entertainment
Russell Hicks, Chief Content Officer and President of Top Draw Animation
prior was with Nicklelodeon playing a key role on SpongeBob SquarePants, Henry Danger, and The Loud House
Prior worked Warner Bros. as VP of marketing for Cartoon Network, and produced content for Disney
Brent Watts was the creative force behind Will.i.am’s Wizards and Robots and award-winning title designs for films such as Lemony Snicket’s A Series of Unfortunate Events, and Universal’s Land of the Lost.
I went into this thinking this just as a trade but I after doing some digging I think this stock is going to be a huge winner for years and years .After it moves 100--500% on its next Squeeze I might just tuck away some shares for the long term
stocks moving just wanted to put my thoughts down before it moves up to much again
In summation I like this STOCK
I like this UAVS set upI like the profits and the earnings, and to be honest I don’t want the stock price to go up because I want cheaper shares. I have some buys set up around .47 and looking to double down below .30
This set up looks like it could pop…
- Major MA’s are crossing.
- looking to break out of the descending triangle with strong weekly candles.
- could easily hit .67, 1.37, 1.87 and possibly crest into the 2$ range.
This scenario may be followed by a sharp retest of 52W lows before attempting to climb into 5y highs
Not financial advice
Squeeze in UPST on a technical breakLong channeling wedge with a technical breakout and 38% short float, this might start getting some legs towards that $25 POC from the previous 6 months. Starting to see covering in some of these highly shorted stocks that had fallen dramatically over the last year and a half.
Long UPST since early this morning.
Beyond Meat - The Vegan Short SqueezeIf looking at last year's POC of BYND, you can notice we have been oscillating above and below that $15 range since September 2022. BYND has been in this slightly sloping downward/sideways channel with the most recent low being the bottom of the value range, building a nice base for a move higher.
In recent days I've noticed some unusual options activity in a handful of highly shorted names and this is one of them.
Paired with bullish bets on these names with some sizeable money, overall indices this week finished on a strong close going into next week.
Above this $17.00 level on BYND is a volume gap where significantly less volume has traded as only 4 days moved it through this zone last year. These voids can sometimes fill rather quickly when price starts moving back through them. In conjunction with this, LBR MACD has a first cross which can be a long buying opportunity, with an RSI that has recently cooled off from overbought.
Today I opened a long BYND position. This is in anticipation that we test the upper part of the channel again as well as that $17 area, possibly getting into the gap. Mix in the fact that this stock has a float nearly 40% short, with earnings a month away; there could be a short squeeze over the next few weeks in this one.
bed bath and from beyond the graveits no secret that if a company has a lot of brick and mortar stores in closed down, or dying malls and shopping centers that said company has taken a hit over the past decade. BBBY is not an exception, and its a matter of time before the party is over for this bounce. im looking at the adaptive moving strategy to get a better picture of trend regularity in an outlying move. ive highlighted the conditions that are ideal on the left. the breakout that led to this upswing started there. ive marked fib retrace from swing low to swing high to show where continuation is more, or less likely. as you can see by the current conditions for the adaptive MAs these are not ideal, and are threatening to reverse back to bear. what you want is green over yellow over grey. we have total convergence. look at the conditions of these lines to either find an area to buy or sell. the horizontals are my price targets given all these factors. basically bbby is going back to very bearish unless we stay over $4.05. consumer discretionary is near a local maximum.
BBIG $ Alert Squeeze we need to hold above the current support the 0.52$, we hit our first profit taking around the 0.70$ ,now we have to break the 0.87$ resistant and breakout zone to confirm the first phase of squeeze , then the most important level to break for the next week is at 1.33$.
BBBY Squeeze $ Target we have a critical resistant box to clear between the 4.20$/4.50$, if we clear it we going to have the price bullish momentum towards the first profit taking around 5.68$, and then the other 2.
however if we got rejected, we going to have a first reversal from the our support the 3.45%+, and our bottom should;d be above 3$.