Squeeze
Triple bullish divergence (MTF momentum histogram) BTC (squeeze)Hello traders,
Triple bullish divergence on the MTF momentum histogram, might not be now or a few hours from now but the short squeeze is coming and late sellers won’t like it. (I'll post TA with the oscillator below this post)
Shorting after a multi-thousand dollar dump is never a good idea even if you think it’ll go lower because a squeeze to punish late sellers usually comes next, once buyers flip the 21 MA momentum will shift to the upside.
1) This price action is an example of why you can’t solely trade momentum oscillators, ltf has been “bottomed” for a while but had a massive red candle shortly after, the same happens to the upside when it’s oversold. Example: stoch rsi (momentum oscillator)
2) Whales know traders watch these indicators and will stop at nothing to spoof them resulting in traders getting chopped.
3) Then once they panic and give into the manipulation the market turns around and squeezes in the opposite direction, like clockwork. (this is about to happen, sellers are trapped)
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IRNT: RUG PULL OR SQUEEZEIRNT: depending on where IRNT goes in the pre-market can determine which price action
This bearish looking wedge we have formed is on top of a critical support zone.
~If 35 breaks, we can see a dip all the way to 22. Why?
~There is a gap to fill on the down. ranges 21.30-24.50. All previous gaps have fill on the down except this one.
~If IRNT does release a share offering like some are predicting it will, price will inevitably go down and could be another reason for the dip.
~If 44.50 is broken, we could see price action to 55 and maybe even 60
~Note that during hours there were no call contracts past 60 bucks (interesting though may not matter)
~WSB has had huge rallies saying this stock will squeeze like there is no tomorrow. Be ready to go up and up if another squeeze occurs and don't forget to take profit when you wanna screenshot.
DOWN DOWN DOWN (support zones):
~Note that these zone may provide resistance to a rug pull. The italicized zones will give the most fight.
~35 - 37
~30.90 - 32.55
~29.25 - 30.21
~27.20 - 28
$SDC is setting up for a nice squeeze! PT $8Smile Direct Club has been steadily climbing up the Fibonacci chart I have charted here, along with a solid uptrend. The RSI has breached 70, so I do expect to see a short-term retracement after possibly one more run this Friday, possibly tessting the $6.67 resistance level.
KOSS - BBs squeezingKOSS BBs are wound tight in multiple timeframes and price is going to move soon and is setting atop nice volume-support from the March & May rips.
Price is further supported by the 9-day and 50-day MAs on the daily. OBV remains pegged.
Even the '50' Bollinger is squeezing hard = big move soon!
Based upon chart patterns and BB indicator it will likely move up, but may have a quick fake-out to the downside first - HODL.
KOSS stock price literally looks like a beachball being held underwater IMO!
Not financial advice.
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Long 10/15 $12.50 calls 1.25 average
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A break of $8.00 could be key and set up another leg to the upside.
POSH big breakout coming crazy accumulation and all my squeeze indicator are positive. Watch this stock squeeze this week.
EXORCISM of The SPRTOne of the most heavily shorted stonks, SPRT needs to get thoroughly blown out.
Assuming we get a 200M Volume influx:
Targets are previous years' swing highs and stop is below the anchored VWAP.
GME BULL FLAG UPDATE: SO FAR SO GOODNOT FINANCIAL ADVICE
Previous post called to breakthrough of the flag into uptrend, so far it is in the beginnings of an uptrend.
4 Hour support around $209-210
Resistance around $213
Still hoping for a $220 close for good confirmation of long bullish trend.
So far, analysis is correct, see previous post for bull flag analysis.
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