Squeeze
US100: read the descriptionShorts closed on the basis of a squeeze to the upside.
We have fallen almost aaround 20% from ATH, which makes the case for a spike to the upside.
The sanctions on russia will and already are giving higher energy prices and likely to stay high for some period. This means households would have less disposable income and therefore lower consumption, which gives the FED an incentive (excuse) to not moving as quickly as they said they would.
The FED will likely signal that they need to asses the situation as it evolves and by then take the decision, which is an indication of a not so agressive policy move. This will likely give an upside to the market for a short period before falling again to correctional levels.
plus alot of dip buying is going on now. people who have sold russian assets are likely rebalancing their portofolio right now and taking the sanctions into consideration. This will move money to the US and european market. but most likely to the US market.
for now long to 14.500 - 15.000 level.
$MANA Breakout alert we about to see huge turning point , as we can see in the chart , we about to have a breakout from out triangle in the big picture , any breaking candle above or below , will set the direction for our trade , where we have target set for each .
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$CEI squeeze price alert camber energy started to pump after we bought back at our support above the 0.45$, now we testing our RS just below 0.84$, if we clear it we going to see above the 1$ or around the 1.03$, and our support should be above the 0.66$ to confirm the bullish momentum .
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$AMC short sellers target we didn't hold above our support the 17.77$, now we should hold above our ascending line above the 15$ if we don't see the continuation of the selling momentum till above the 12$ where we going to see huge buying pressure again.
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$BBIG Price weakens we broke from our ascending line ,and went to our target support at 2.95$, that we talked about from out last video , now we should never see any closing candle below , cause If we did , that's mean the short in control, and the price will find another support above the 2.45$.
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Watching KAVLKavl is pretty interesting. it clearly did its first accumulation and is holding a pretty nice pennant.
The borrow fee is 588% which is extremely high. Shorting this is very very difficult.
The short is over 30% of the float at 100% utilization.
I think we could see more action here in either direction but something tells me it has strong squeeze power. Its vape stock, that just got its FDA approval back, which was revoked due to fruit flavor "bidi stocks"
AMC - Nasty Double Top. All Eyes On SupportWhile NYSE:AMC broke out of 200EMA resistance earlier this month, things do not look good for longs currently.
We see a nasty double top on a strong resistance level, followed by a close below the recent upwards swing. We see both buyers and sellers trying their best to steer price levels to go either way, as seen from multiple dojis on a CRUCIAL support level. Whether or not this level turns into resistance, is anyone's guess.
Personally, I am looking to enter a short position once price falls through support and sets us up for a beautiful double top setup.
As with meme stocks, I would refrain from holding my position for a prolonged period of time in the event of an unlikely short squeeze.
Will be monitoring AMC closely today.
Happy trading
$BBIG Friday Battle we still holding our ascending line, as long as we holding above , we will see a test again for the 3.58$ first then the 3,83$ where we going to see price exploding if we clear it till the 4,58$.
if we break our ascending line , we going to see price holdup and buying pressure happing above the 2.45$, where we going to see a huge wick and a lot of volatility in this area .
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AMCAnalysis done on hourly candles. A year ago around this time AMC was gearing up for one of the biggest short squeeze moves in its history, bringing its share value to a high of 72.00 at one point. Since then however, AMC has been on a consistent decline along with other short squeeze "meme" stocks like GME. Short squeezes occur when companies have a high number of investors / hedge funds selling their shares "short", in layman's terms this means they're borrowing to sell shares at a higher price and plan to buy them again at a lower price and keep the difference. AMC holders are still hoping for the day to come in which another short squeeze takes place, but the timing of when it will happen is nearly impossible to tell. AMC currently has a 22% short float, which makes it a solid contender for a squeeze. Looking at the company itself, AMC is not company that suggests any robust growth in the coming years. Their upcoming earnings may be boosted from Spiderman's astonishing box office numbers, but overall it's not one that's recommended for a long term investment. The short term may bring about a short squeeze if its breaks above key levels, especially if they get a strong earnings catalyst to boost them.
$AMC price reversal AMC hold strong above our resistant 17.77$, now we need to hold to confirm that we are in accumulation phase, and that confirm the breakout to our strong resistant at 20.80$, after we break it we will find huge resistant to be tested around the 25$.
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GME OutlookHello again, still watching the monthly and weekly charts on GME. It's possible we have a new bull run in the next few weeks, but i believe we still have more downside. Institutions still are not buying and there has been no major increase in volume. Follow the money and think like a whale. With that in mind i believe we will still see $50 range and see some form of accumulation phase similar to what we saw before the previous bull run. Hard to say if it will squeeze again, if at all. However the company really does look to making progress towards becoming a great tech company with all the new hires, msft deal possible, and nft marketplace.
$HOOD Huge Turning Point Levelwe have to confirm that 11$ is our last support to confirm our bearish trend reversal, and testing first our first strong resistant around the 19-20$, and that will be the first signal for bullish momentum starting .
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Potential Short Squeeze setup because everyone is bearishThere are a lot of small shorts opening to front run a potential next lower high but our support in this consolidation is parabolic and the 1h bearish divergence is being supported by the bulls to prevent the divergence confirmation of crossing below 60 on RSI 14.
We also had that spring with massive volume , and this trend is old; not to mention basically everyone is looking for lower highs to short.
All the ingredients are there. I give it a 55% chance we squeeze up to 40-42k or 50-52k.
If we break our parabolic support, we can then use wykoff analysis to determine if we are in a reversal to back-test 33k support or if a bullish higher low will form.
Way oversoldI believe this should squeeze to 4 area. Because it's way oversold at this point. We might even break the channel and make a new one. Because if it keeps dropping like this it will be bankrupt in not even few months. Which seems unlikely to me.
BTC Potential Downtrend Following Linear RegressionBTC is following a tight squeeze on the 1h chart inside linear regression, signalling a potential steady and continuous down trend towards ~30,000 SUD price mark.
Swings are possible.
Shorts should wait for confirmation
Longs should wait for confirmation
Buy Ethereum - Weekly SqueezeEthereum weekly price action shows a strong trend (Green/Green) that has consistently bounced between 2ATR and the 34EMA.
Current price action is at the 50% Fibonacci retracement with a 5 bar squeeze.
1. Aggro Entry @ 3805.
2. Moderate Entry between 3602 andn 3505 to capture the 21EMA / 100% Measured Move and 61.8% Fib retracement.
3. Conservative Entry at the Vprofile level and 34EMA Close - 3127.
4. Stop Loss @ 55EMA.
First Profit will be a 50% retracement of the current pullback to start trade management.