WSB forms two bullish patterns on a local uptrend. In my opinion, this asset should include everyone who shares social trends in crypto and is at least somewhat favorable towards memes. The formation of two patterns indicating at least an elevenfold gains is gigabullish! WSB = $1 Pay attention to the volume histograms - we have diamond hands. We're ready, sir.
The formation of a global ascending triangle occurs over 252 days. The price may still continue to move within triangle, and even some negative price fluctuations will not allow us to confidently say that a bear has arrived. It seems to me that asset still has some stage of accumulation, perhaps with prices going up 30-50%.
The potential formation of a golden cross indicates a possible change in the local trend. Taking into account previous price fluctuations after golden cross formation, the increase may be 1,700% from the current entry point. Quite an interesting event, because the market as a whole is bullish locally and globally.
Looking at the BBBY Bed Bath & Beyond options chain, i would buy the $12 strike price Calls with 2023-1-20 expiration date for about $1.17 premium. Looking forward to read your opinion about it.
There is reasonable evidence in the chart to support a price target of 4500, in the current trend this would establish a possible resistance zone
This was estimate was generated using a combination of black-box indicators(not displayed) and log growth curves. During from this point out, I'm selling 1-2 year CSP against crypto stocks and using the premium to buy crypto and leaps on the same stock, then selling weekly PMCC against the leaps. Wish me luck!
symbol - $ENFN - h1 chart shows strong demand recently when the insiders bought up over $46 million dollars worth of shares a few days ago. Lets see if this demand zone holds up
$AMC Leaps Calls 75 Nov 19th Returns +12,612% $AMC Leaps Calls 145 Jan 20th 2023 Returns +4,563%
WSB Plays
Could make a run to 30 above the breakdown candle high of 16.88.
to the moon?
Since two years ago Muddy Waters spread a rumor as $S30 had connection to mafia. An anonymous report "appear" making the stock price to drop from $20 to $7.5. Yellow arrow. Of course Muddy Waters was short and made money on it. No evidences, no attack on Justice court. Small investors lost a lot of money on that but bought back the bottom (red arrow) and the...
GME became around 20% of the weighting of this ETF from around 1.5% If you haven't been investing on the Reddit Frenzy, and you wish you had; now is your second chance. 21ema is the support level to watch currently, as it has held in the past; and is giving great risk-reward as we are just above it. Volatility can be extreme, so set clear defined limits to...
Why $NAKD Stock crashed Down Sharply from last week? The WallStreetBets short squeeze continued to unravel this week with investors pocketing gains and latecomers hoping for a second bounce. A number of factors are driving the ongoing sell-off as $NAKDe stock peaked last week. The first is that many short-sellers closed out their bets as the stocks soared last...
AMC Entertainment (February 2nd 2021 through March 2021) Low: $0.15 - $2 - $4 High: $9.89 So in the short term, it's not looking good. Technically this could still get a bigger short squeeze in the future but we have a period of consolidation ahead of us for now if that will even be possible in my opinion. Otherwise this will get driven right into the...