GME GameStop Options Ahead of EarningsAnalyzing the options chain of GME GameStop prior to the earnings report this week,
I would consider purchasing the 25usd strike price Calls with
an expiration date of 2023-6-16,
for a premium of approximately $1.83.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
Squeeze
Another meme to look at $esco its a gemTell me what you think if this delicious coin
This has a potential to explode , but also dyor , seen a high increase in holder , increase in volume , first list
This might be. Real gem
BBBY - I am still confident in this playI posted earlier about BBBY and that I thought it was a good time to buy, I still believe there is a good time to buy this stock if you are looking for a squeeze play. I have no idea how high this could go but the short interest shows 130% so that tell me something. There is always a huge risk to buy into stocks like this but some kind of reversal will come sooner or later. We can see the crazy spikes that been before and the SI havent been this high at those times. The marketcap is extremely low so pushing this ticker is very easy. If we bottom out around here the RSI is also showing a divergence on the weekly chart. This is extremely bullish. The MACD is way below the midpoint which also indicates for a turnaround. I would say its either bankruptcy or a big squeeze. I am NOT calling for numbers like 100$+ here.
You should be cautious when this squeezes because you never know how high it will go. But up to 3$+ is very likely in my opinion. And with a 1000% gain this could bring many retail in and hype this up. But as I said, This is a risk play and take money of the table if you gain from it. There are many retail investors that bought around 20-30$. These guys wont sell between 3-6$. Maybe 10, have that in mind also.
GME moon soon? v2Follow up to:
Like I said, breakout looks decent. We are testing the top part of the wedge, today is T+2 from our huge volume day, 3/22, but could extend deliverables till Monday. Looking to see options close today and have T+2 settlement (Tues-Wed PM) cause another pump.
Additional thing here in this chart is the CV VWAP Indicator. Taken from an old script I found on TV that was broken.
Author:
Adapted from: Detecting the great short squeeze on Volkswagen, Godfrey, K. (2016, February 18).
Shows some interesting leading indicator prior to GME's Jan 2021 squart. We have not seen movements of this magnitude since then. As you can see the indicator generally stays within the -50 to 50 rage, but we were magnitudes larger on 3/22/2023, similar to 1/25/2021. There are some other notable moments such as 3/23/2022, where we just ran up, then the indicator spiked, then we ran up again through T+2+2.
No guarantees but...
- EPS was positive on earnings
- still no 10-K from GME (why?)
- Liquidity still extremely low
- 66m volume day
I have calls :)
Squeeze Momentum IndicatorHello.
I thought it would be a good idea to comment on one good indicator.
This is SQZMOM by LazyBear.
It is one of a class of volatility indicators.
It has two indicative messages.
1. Crosses.
Black crosses indicate price contraction. Price contraction signals that the movement can no longer be continued in the direction of the previous momentum.
Gray crosses mean expansion of the market, respectively, the realization of the potential in the direction of the current momentum.
2. Momentum bars.
Green ones show upward movement.
Red ones - downward movement.
Now let's look at the difference of situations 1 and 2, first of all through the difference of indication 1 (Crosses).
No black crosses have appeared on situation 1. The price is breaking out of the channel and further market expansion is taking place.
Situation two also has a channel, but we already see 4 consecutive black crosses and a lowering of indicator bars.
It is also a divergence at the same time.
As with any other indicator, you will monitor whether the bar has reached the maximum zone (90 on average).
Situation 1 has not reached, but there are black crosses.
Situation 2 has reached ~90 zone.
The optimal entry point (in theory) is the first black cross and the down or up bar at the same time.
If momentum falls, it's short. If it rises, it's long.
However, practice shows that it is not enough, and we have to hedge with other signs. In this case the reliability increases.
Now you can predict the candle's exit from channel 2.
GOLD price action SQUEEZE. Long from strong SUPPORT.The price perfectly fulfills my last ideas. The market is heading toward resistance zone from the strong support level . The price is squeezed by descending triangle pattern and the price might bounced off it and go up to test the resistance zone . I think gold might go up if price action breaks out of the triangle pattern . My goal is the resistance at 1865.
$BBIG - Vinco Ventures - Mega Broadening Wedge$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.
MULN: SIMPLE SETUP FOR A SIMPLE PLAYDESCRIPTION: In the chart above I have provided a semi-macro analysis of MULN a penny stock that has seen a continuous drop since IPO after hitting record highs of roughly 1200 points but now down to penny stock territory.
POINTS:
1. Deviation of 0.2000 justifies SUPLY & DEMAND POCKET PLACEMENT.
2. Symmetrical Triangle Formation
3. ONE LAST TEST OF 0.3200 CAN STILL BE IN THE WORKS & WOULD MAKE FOR A MORE STABLE SETUP.
IMO: With current chart setup I would consider this stock to have great bullish momentum on the short term and should perhaps only be seen as a squeeze play rather than an investment over the long term.
SCENARIO #1: In a bullish scenario price action should break 0.5500 with strong momentum to give way to a potential squeeze of price action.
SCENARIO #2: In a bearish scenario if price action is to break down below 0.2500 with strong momentum this would invalidate setup and be an optimal exit.
FULL CHART LINK: www.tradingview.com
NASDAQ:MULN
TRXUSD - Potential Long after Squeeze. 50% ProfitWe received a strong Buy signal through Crypto Tipster v2 recently, after drawing a few trend lines and support/resistance horizontal rays it looks like this triangular squeeze is coming to an end, a large breakout is iminent.
As we are already sat on a strong area of support, our thinking is that breakout will be in an upward direction, with the next level of resistance bringing around 50% profit, or more!
LUCID: MARKET MAKERS & VOLATILITYDESCRIPTION: In the chart above I have included a MACRO ANALYSIS of LUCID that focuses on RSI AND MACD behavior in past SHORT SQUEEZE scenarios along with information on current trend and supply & demand pockets.
POINTS:
1. DEVIATION of 6 POINTS hence SUPPLY & DEMAND POCKETS.
2. DOWNTREND CHANNEL STILL IN PLAY UNTIL CONSOLIDATION IS CONFIRMED.
RSI: When it comes to RSI notice the angle at which the last two SQUEEZES have occurred 25 & 36 DEGREES while current RSI is ANGLED at 61 DEGREES. This measure in DEGREES is important because the STEEPER the ANGLE the SHORTER THE PERIOD WILL BE THAT RSI MEDIAN WILL LINGER AT OVERBOUGHT LEVELS BEFORE RESETING & SEEING SOME COOL OFF.
MACD: CRUCIAL TO POINT OUT NOTICE MACD IS CURRENTLY STILL SQUEEZING AND FAILED TO RESPOND CONFIRM CURRENT BUYING PRESSURE MEANING THERE IS STILL A LOT OF SHORTING PRESSURE.
IMPORTANT: Current PRICE SQUEEZE ACTION is uncannily similar to SHORT PRICE ACTION on MAY 12 2022, when price action eventually pulled back into DOWNTREND.
SCENARIO #1: In a BULLISH scenario since RSI is at OVERBOUGHT LEVELS & if price action is to head higher expect somewhat of a VOLATILE CORRECTION.
SCENARIO #2: In a BEARISH scenario since MACD failed to confirm UPTREND a downward move is to be expected next possibly pushing price action down to the 10 - 4 point SUPPLY & DEMAND POCKET.
FULL CHART LINK: www.tradingview.com
NASDAQ:LCID
AUD.NZD Bollinger Band SqueezeHello Traders,
I'm currently watching AUD.NZD 1hr.
I'm a big fan of Bollinger bands, and I use BB in my system. BB is currently in a squeeze, will price break up or down?
I think price will break to the downside, but let's see what price does.
Remember, get confirmation with more than one indicator and use proper money management.
Samantha
She’s tight… any volume and she’s flyingSuper self explanatory.
Check out my other posts to view my feelings on the GME saga and where I have stood. I’ve discovered some very interesting coincidences in the market all thanks to a supportive community.
I think it’s officially officially close to end game. I don’t picture her holding down past summer.
Good game apes, we won.
35-59% near term upsydeLast I posted on GME was In October - I pointed out it was an **obvious and typical** NinTendo pattern and of course it worked out.
I didn't follow up or anything as it fell from grace because why would I? DYOR or whatever. Well now I'm back from a rave roadtrip and I see that its ready to pop again:
Initial target 23.88 by 1/24/2023
Target 28.08 by 2/3/2023
Play: Go all in rn
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.