Wsb
$GME Q4 may get crazyCould see some GME fireworks in Q4. Trading above ATH anchored VWAP (163.65) and appears to be breaking out of triangle. Needs confirmation, but worth having on watch. Break above $225 resistance zone and $300+ isn't out of the question with MEME strength in this name. Alarms set !
$AMC Swing Trade Idea - 43 Price TargetAMC has been respecting the volume shelf support and 150EMA on the daily. I like the idea of swinging calls here for a move to the upside in near future to retest the descending triangle resistance line - $43 zone price target
For the longer term, watch for a break of the resistance line followed by confirmation to go long.
A move below the 150EMA (blue line) I'd be looking for a good short opportunity. Can also short the triangle resistance line anticipating rejection.
Chart looks like hedgies have just been having fun trading this one. Good price action for swing trading!
AMC - Trade IDEA, Buy under $39Looking at the trend, I think we'll see a nice little boost over the next two days followed by some down weeks until that last week of Nov.
I have some AMC calls into Jan that I'm looking to short (probably Tuesday), and rebuy around Nov 23rd.
Either way, these are some key numbers and trends to keep an eye for!
$GNUS from $1 to $56 with triangle and flag pattern(%5000 gain)Genius brand needs seven months of consolidation in the triangle to form a huge flag pattern and then an enormous explosion will happen.
Go down!The paper has been pushing above the level for a very long time. The important level is 39.50. Below that a good short is possible.
Upwards does not want to go at all.
On the fundamentals, a decline in the number of new users, a drop in interest from existing users.The company's financials are expected to deteriorate.
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GME TO THE MOON SOON! 🚀🚀🔮 LFGThe long term consolidation is fucking insane. It is wedging at a very nice form.
A breakout could happen before November 15th.
The SEC report stated that barely any shorts have covered...even after January's rally. (Only a few small shorts covered but not the big ones) Shorts never covered because brokers took away the buy button. Thus shorts didn't need to cover because everyone could only sell and they'd be stupid to cover.
What is different about this time? People are buying actual shares in their own name... now leaving it in the hands of retailers rather than brokers. Meaning if prices go as high as 400 again, shorts WILL cover and skyrocket a shit ton even if brokers restrict trading again.
What's more is that we saw a massive cup in the middle of the wedge. I may be grasping straws here but we are in on overextended handle the just needs to break the resistance for it to fly. While this is a slight stretch, on cannot deny the wedge formation is looking good.
GME to 1k🚀
APES NEED TO GATHER. LETS GET THIS BREAKOUT AND FLYYYY
SDC SmileDirectClub short squeeze candidate?32.82% OF FLOAT SHORTED.
Bullish on option calls.
Average Volume: 11,003,726! High!
One of the top mentions on Reddit!
52 Week Range 4.63 - 16.08. close to the all time low now!
My price target is the 8.7 resistance.
WSB has changed the strategyI have a hypothesis:
WSB must have been hit hard in the past week's flash crash in the crypto market..!
Ever since I noticed they can not do their usual Pump and Dump, or better to say Dump-Pump-Dump.
It seems they ran out of steam and now they pick smaller projects.
These companies have some mutual features:
A: less than 2 years history
B: flat for a long time with no meaningful trading volume
C: initially below 500 million market cap
Company rank based on WSB mention rank:
1- NYSE:IRNT : From 213 Million to 2.7 Billion, short interest %:0.64%
4- NASDAQ:TMC : from 370 Million to 3.7 Billion, short interest %:1.07%
5- NYSE:OPAD : from 452 Million to 2.8 Billion, short interest %: 2.4%