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$PLTR Re-emerging bullish behaviorHello, $PLTR appears to be re-emerging as a bull on the 1D and 4HR charts. The on book volume is increasing so someone is buying an holding at this level. The price average is also pushing closer towards MACD 0 which could give rise to a bullish uptrend once again. This will probably take place across June. My best guess is that we could hit as high as 26 by end of june. Higher, if reddit jumps in. This is a long time favorite of reddit so I wouldn't be surprised if it gets a little nuts. CMF is also showing a push of money over the last week into PLTR which makes sense alongside the OBV. The money that's being put in now though is starting to raise the price so I would argue that at least a short term--possibly long term--bottom is in. Where it goes from here, probably a slow gain towards a bigger burn. Best of luck. As always, I only provide ideas. I am not responsible for your profit or loss. Trade carefully and at your own risk.
PLong
by tay_tay86
$SNAP Update - Looking for Support Snapchat cleared through its channel range the other day, topping nearly $61, a pullback today seems healthy with an almost 7% move the previous day. What I am looking for next is some support on top of this ascending triangle, if price can hold above approximately $58.50 for the week, I think it will give traders yet another opportunity to enter for a move towards $70. Watch tomorrow as the closing candle green will give this further strength in the near term.
NYSE:SNAPLong
by chartxzy
$GME Update, Breakout +18% Today - Position up 40%As I predicted 2 weeks ago, GME showing parabolic momentum breaking out of its consolidation channel. Currently sitting on the resistance point of $211, which is the 38% Fibonacci retracement level, a strong close above these levels can indicate a move to the next 50% retracement level near $260 price point. Seeing a lot of resistance on the Level 2 near $211, but with this stock being Gamestop, I expect nothing short of surprise to how far this can move.
NYSE:GMELong
by chartxzy
4
AMC - To the Moon 🌙-AMC Entertainment shares came out of the gate strong today, giving Redditors cause to celebrate even as the company’s biggest shareholder, Dalian Wanda Group, ran for the exits last week. -While Reddit investors’ risky gambit continues to play out in their favor, short-sellers are feeling the pain for a change. AMC is one of the three most shorted stocks alongside GME and Virgin Galactic (SPCE), all of which are trading in the green today. Short-sellers are at risk of losing close to USD 400 million across this trio of stocks as a result of today’s activity alone, as per financial analytics firm Ortex. -In recent days, China’s Dalian Wanda Group unloaded most of its stake in AMC, according to a U.S. SEC filing, cashing in on its holdings to the tune of nearly USD 430 million. Dalian, which purchased the movie chain in 2012 and had reportedly been looking for a way out since the pandemic, benefited from Reddit’s AMC fever. While it still owns 10,000 AMC shares, it could no longer sit on the sidelines after the movie chain’s stock soared 580% year-to-date. -AMC investors are celebrating the fact that Dalian Wanda finally pulled the plug, saying that the investor had been a thorn in their side anyway. -While the AMC drama has some more time to play out, individual investors appear to have figured out a way to level the playing field with short-sellers that have been known to quash stocks down to being worth nothing. Whatever happens next with AMC’s stock, one thing is clear — individual investors have changed the game on Wall Street for institutions that once made all the rules.
NYSE:AMCLong
by caldooninvestment
29
AMC To The Moon 🚀 - Why AMC will go to $100 and BeyondIdea for AMC: - AMC's price action is nothing extraordinary, and the narrative surrounding it is quite literally BS to deter a natural and obvious short squeeze. - The price action tells it all... Analysis: - The crux of this short squeeze trade setup is that the Whales got greedy by shorting the bottom, and doubled down on shorts when they should have covered. - Most of the shorts' stops should have been hit in this breakout, but it is likely a whale doubled down on their shorts to defend their position from $20~. - There has been 2.5 years of accumulation for the bulls, in a harmonic spring (falling wedge) that has broken out, and we are now caught in a bull flag with the shorts doubling down... Even if price does not breakout in this test, there is too much energy to be stopped IMO! - It is clear where the whales' stops are: above $20 there is a liquidity zone to $36, and above that, $100 is very likely. Above that, even I don't know... 🚀🚀🚀 "He who sells what isn't his'n, must buy it back or go to prison." - Daniel Drew GLHF - DPT
NYSE:AMCLong
by UnknownUnicorn1043646
13
NASDAQ 100 STILL SHORTTech stocks have been getting hammered and i still believe the stock market is headed for a big correction. Smart investors are seeing more gains in crypto-currency. We are not seeing anymore stimulus packages thus far and inflation is getting higher month by month. Bond Yields are all on an uptrend. That's a negative correlation with high growth stocks. Looking for a big correction then i could long from there. If we crash guess we all will be rich if you know how to short the market.I did buy the dip thursday but I'm still in my swing sells from (14000-14100) range. Comments and like please. thanks.
UShort
by Spapidinero
#SNDL - Falling Wedge in H1 broken with volume! #SNDL is in my opinion very close to reverse the downtrend. Possible rebounce area at 0.7$, if not happening before. The one hour chart is showing a falling wedge being broken - with volumes - on April 27th and the price is now retracing looking for a pullback. Very interesting to see how this bullish wedge pattern is also supported by an RSI divergence: so, basically, the RSI shows higher lows, while the prices are showing lower lows. This is pretty indicative of the fact that sellers are loosing momentum. The target of the falling wedge stands at 1.35$, but I am pretty convinced that once we reach the 1.3$ again, we'll not be seeing the bottom under 1$ anymore.
NASDAQ:SNDLLong
by FrancescoMerlettini
2
GME - Break of the TriangleHello fellow Apes, I hope you are all doing well! In this analysis, we have are moving inside a huge triangle and are currently at the bottom. We are sitting on a KEY SUPPORT that I beleive we are going to hold and go to $220, $280 and then $415 and even higher as soon as the Short Squeeze begins. To every analysis, we have to be prepaired for the alternative scenario, which would be to break bellow the triangle, however, I truly think that this is highly unlikely. We have 3 support LVL's at $117, $84 and $43. I don't think that this would happen, however, we would most-likely stop at $84 if this were to execute. Controlling your emotions is one of the key elements in being profitable in trading and now is the time for the market to test your control. Do not panic sell as there has been massive sell-off in most of the volatile stocks as the investment funds of the stock market are currently in Crypto, so that is why we have fallen so much. As soon as the Crypto run fades away, the Short Squeeze would begin and we are going to get that Banana! Thank you for the attention, I wish you an amazing Friday!
NYSE:GMELong
by donaitelo
2
Volatility Asset - GME To The Moon 🚀Idea for Gamestop Corporation: - Gamestop earnings are approaching! Speculation: Gamestop will rise to $2000+ USD, causing liquidation crisis fears in the 1.5 quadrillion USD derivatives overhang, and Congress will announce that foreign investors such as the CIC have purchased Gamestop shares as an act of economic warfare through BlackRock to engineer a liquidity crisis, and will freeze BlackRock to prevent foreign sovereign investors from withdrawing their funds. This will trigger a global financial lockdown, and likely the loss of the dollar's global reserve currency status, enabling a new global digital currency. BlackRock is the Strait of Hormuz of global markets. Gamestop for the markets and the American Multi-Cinema. Crucifixion. GLHF, DPT Disclaimer: We absolutely do not provide financial advice in any shape or form. We do not recommend investing based on our opinions and strongly cautions that securities trading and investment involves high risk and that you can lose a lot of money. Loss of principal is possible. We do not recommend risking money you cannot afford to lose. We do not guarantee future performance nor accuracy in historical analyses. We are not registered investment advisors. Our ideas, opinions and statements are not a substitute for professional investment advice. We provide ideas containing impersonal market observations and our opinions. Our speculations may be used in preparation to form your own ideas.
NYSE:GMELong
by UnknownUnicorn1043646
10
$GME - They are now shorting while resetting FTDsHi ya'll, I'm not a financial advisor and this is not financial advice. I believe i've refined the T+21 and T+35 FTD reset cycle down much better and i'm able to give you a better visualization of WHAT I THINK is happening. Obviously i can't prove any of this. Obviously i don't have access to Citadel's or Bill's Family office to check their positions, so yeah, i have no proof. That having been said, i thought of starting to count the T+21 and T+35 cycles that Market Makers are allowed to leave an FTD in limbo until they decide to properly deliver and close it or reset it (e.g kick the can down the road) by borrowing shares from their buddies or buying deep ITM options. In February - March I'm see that 2 days before T+21, there's movement. Usually it's up by quite a bit. I'm also seeing that between 6-10 days later just before T+35 hits, the price goes up again 1 more time. I suspect that some family offices (not Citadel) were covering here. In March - May I'm see that 2 days before T+21, there's movement. Usually the movement is DOWN, so it's a dip. I'm also seeing that between 6-10 days later just before T+35 hits, the price used to go up by a bit, but now on average it remains constant and doesn't move up or down by a significant amount. What are they doing? Based on what i see on this chart, i believe that in the T+21 period that happened yesterday 3 of May, they also shorted GME. We know this by the data from fintel, gme.crazyawesomecompany and other borrow info sites. Today they returned those borrowable shares which indicates they were done with their current T+21 shorting. I believe that on T+21 there's bullish momentum from minor covering (because they can't fully cover at these prices) and they suppress the price by borrowing and shorting GME. With this theory and their borrowing habits, everything makes sense suddenly. Additionally, right before T+35 (around T+25-30) they tend to do another minor round of tiny tiny covering which they also try to suppress but can't fully do so due to them having used all the borrowable shares they previously spent 1-2 weeks accumulating to short the T+21 cycle down. This is why right before every T+35 the price returns back to the price it was before they shorted T+21. I've marked with a flag every impotant moment in time where there was GME momentum up or down. I also marked the points in the future that will have moment up or down. Important dates: May 14, May 24 and June 3. Incidentally, their last T+35 cycle ends exactly on June 7. On June 9 it's the shareholders meeting for GME. Nice timing. They want to milk this cow as much as they can till then. The horrible mistake they're going to make from today onwards is that IF THEY SHORT GME AGAIN TODAY ONWARDS... well the T+21 and T+35 for those shorts may fall within a possibly bullish period for GME because 9'th of June is Shareholders Meeting and earnings. You don't want to be caught doing minor covering/shorting within a bullish period especially for GME. If your covering creates even a bit of bullish moment, a tinkle of fomo from retail can ignite a rocket they never expected to go off. I believe they are greedy and stupid, so they will continue shorting even after today. I personally "want to" believe that May the 14'th is the day, simply because this day coincides 100% PERFECTLY with January 28'ths Mega Mega Mega huge amount of FTDs that were supposedly not closed, but only reset. How does it coincide with the 28'th of January? Well, From January 28 to May 14, the T+35 rule perfectly fits 3 times. Also on this date, we're 2 days before T+21 for the previous shorting period and if you've been reading, that means GME will move down or up due to minor covering or will go down because they'll short more. So it's a double whammy. It's BOTH the next T+35 period where all of the accumulated FTD's from January are going to be reset and some are bound to leak through while they might use Deep ITM calls to reset them, on the same day, they'll have the option to also cover the past T+21 shorts of approximately 750k-3mil shares. Don't get hung up on dates. Be responsible. Temper your expectations. Be wary of the date yes, but don't overhype them. No one can read the future. This is an educated guess based on the past and i'd like to believe it's accurate. Look forward to the date, but don't create a hype bandwagon otherwise when nothing happens on the 14'th of May, you'll be disappointed and cry in a corner in fetal position because you overhyped this DD.
NYSE:GMELong
by leenixusu
13