Expect extreme volatility in next few days to weeks. Prediction based on personal data collection & analysis. Expect 10%+ rise.
I remember my first call of SPRT at 2.6usd, when it one in top 3 most shorted stocks. In few months it skyrocketed to 59usd the dropped to 11.8 before the merger, GREE, which also went down 22% yesterday. IRNT seems to have the same pump characteristics. The fiscal results are modest. Annual Recurring Revenue of $24.1 million compared to $19.5 million at the...
... for a 1.01 debit. Comments: In for 1.04 (See Post Below), out for 1.01 at the open before the transition to GREE stock, so basically a scratch. * -- Short Put Vertical.
Pursuant to a news release issued this morning: (a) "Subject to the terms and conditions of the merger agreement, at the effective time of the merger, each share of Support.com, Inc. common stock issued and outstanding immediately prior to the effective time will be cancelled and extinguished and automatically converted into the right to receive 0.115 shares of...
... for a 1.04 credit. Metrics: Max Profit: $104 Max Loss/Buying Power Effect: $396 Return on Capital at Max Profit as a Function of Buying Power Effect: 26.3% Return on Capital at 50% of Max Profit as a Function of Buying Power Effect: 13.1% Break Even: 6.96 Comments: Went with farther out-of-the-money strikes than posted in my Trade Idea (See Post Below). ...
30-day implied volatility is at a whopping 280%. A trade idea with a ridiculous return on capital at max, regardless of whether you strip naked (i.e., short put) or spread it. Metrics: Notional Risk: $784 Max Profit: $216 ROC at Max as a Function of Notional Risk: 27.6% ROC at 50% Max as a Function of Notional Risk: 13.8% Break Even/Cost Basis in Stock if...
sprt in a critical level! two senario- if the red line is broken in down side then you should cut your lose!
Idea for SPRT: PVVol: - Excess rejected outside of daily BB, relief rally stuck on 4H BB resistance. - High Volume rejection, fading volume on relief rally. - Highly volatile 'Final Grand Rush' with rejection. Structure: - Wyckoff Distribution structure, BC UTAD made. Now at possible LPSY, shorting at LPSY is favored to UTAD. - ML diamond both...
Is currently in a symmetrical triangle which historically implies a volatile move. Really need to see some more volume from SPRT to give me confidence that the move will be to the upside in the short term. Nevertheless, I'm still bullish SPRT long term but I'm personally waiting trade SPRT until we break this symmetrical triangle. Really love SPRT's business model...
Based on the trading volume today could be the last day for this stock! Market Cap: 477 M Shares Outstanding: 24.2M Shares Short: 6.18M Short Interest(%): 25% Avg. Volume (10 days): Days to cover: 0 Ownership Breakdown: Institutions: 65% General Public:18% Hedge Funds:5.5% Option profile: Total OI: 222,473 Put Call Ratio: 0.84 Put OI: 106K Call OI:...
This girl has over extended on the 1 month candle i see a firm resistance this should come down from 14 back to 8 alot of back and forth im assuming trade accordingly
SPRT has been on an EPIC run. Started as a penny stock and just keeps squeezing and exploding higher. BUT this area that it was recently rejected at is a pretty historic one and I had to pull out the chart way back to the summer of 2011. If you look at where resistance points have been over the last TEN years, You'll see that this $15 area has certainly put up a...
NASDAQ:SPRT Possible Scenario: LONG Evidence: Price Action, Money-Flow, ARC Pattern. 20% Position Entry at current price, rest averaging up or down based on key-levels Call options 09/17/2021 Strike 7.5$ *This is my idea and could be wrong 100%
NASDAQ:SPRT Possible Scenario: LONG Evidence: Price Action * 50% Minimum profit, up to 100% Call options, Strike 9$, 05/21/21 This is my idea and could be wrong 100%,
The provider of technical support services and cloud-based software Support COM announced a deal to be acquired by bitcoin mining company Greenidge Generation Holdings Inc. (marketwatch.com). Market Cap still low, 141.851M If you are also interested to test some amazing BUY and SELL INDICATORS that i use, which give the signal at the beginning of the candle,...
Another one of the epicenter penny stocks to watch right now. Suppoort.com ( SPRT ) has, for the most part, upheld a solid trend over the last 10 months. Even as the markets sold off, technology and cloud computing have survived pretty well. After the latest uptick, however, my focus will be on whether or not there's enough follow-through to make new highs. "One...
🤔 This one caught my eye based off the fact it has printed a higher high with this potentially being a higher low. Looks something like an inverse head and shoulder pattern. The green line is the Resistance we would like to see breakout for a move up. I'm adding. I'm risking around 8% SL on this one. Daily Timeframe Crossover Strategy: Green Crossover The EMA...